A banker argues: I avoid lending to companies with negative cash from operations because they are too
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A banker argues: “I avoid lending to companies with negative cash from operations because they are too risky.” Is this a sensible lending policy?
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Business Analysis And Valuation Using Financial Statements Text And Cases
ISBN: 9780324015652
2nd Edition
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
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