By investing in short-term securities to absorb excess cash, a firm reduces its cash flow after investing

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By investing in short-term securities to absorb excess cash, a firm reduces its cash flow after investing activities in its published cash flow statement. What is wrong with this picture?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 07:34 AM

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By investing in short-term securities to absorb excess cash, a firm reduces its cash flow after investing

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Excess cash can result from operations generating ca...View the full answer

Financial statements

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