The three primary determinants of a firm's cash flows are: (1) sales revenues; (2) operating expenses, such
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The three primary determinants of a firm's cash flows are: (1) sales revenues; (2) operating expenses, such as raw materials costs and labor costs; and (3) the necessary investments in operating capital, such as buildings, equipment, and inventory.
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Related Book For
Financial Management Theory And Practice
ISBN: 9780324259681
11th Edition
Authors: Eugene F Brigham, Michael C Ehrhardt
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