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A manager take the three following decision while performing the financial function
Financing Decision- This decision is about choosing the cheapest source from the amount of finance proposed from various short and long term sources.
Investment Decision- This is about choosing the cheapest proposal from all the available alternative proposal, which gets the highest possible return for the investors.
Dividend Decision- This decision is to choose between whether the the earnings should be distributed to a stockholder as a dividend or to retain the earnings to finance the long-term plans of the company.