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If a firm is currently profitable, then: the timing of the cash flows on proposed projects is irrelevant. it will always have sufficient cash to

If a firm is currently profitable, then: the timing of the cash flows on proposed projects is irrelevant. it will always have sufficient cash to pay its bills in a timely manner. its reported sales exceed its costs. its current cash inflows must exceed its current cash outflows. its cash flows are known with certainty.

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