ddgf When companies are owned by investors who have a strong need for current cash...
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When companies are owned by investors who have a strong need for current cash flow, managers should try to provide for them by focusing on short term profitability and high payouts to investors. On the other hand, if a company is owned by investors who have no current cash needs but are investing for the future, then the managers should focus on long term profitability and reinvest profits back into the company. True or False. Explanation must be provided
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