Pfizer's spending of $7.6 billion in 2006 on research and development of new drugs is a capital budgeting decision but not a financing decision.
Real assets can be intangible assets.
Maximizing profits is the same as maximizing the value of the firm.
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Home » Business » Pfizer's spending of $7.6 billion in 2006 on research and development of new drugs is a capital budgeting decision but not a financing decision. Real assets can be intangible assets. Maximizing profits is the same as maximizing the value of the firm.