Question
the following are indicators that the firm has a cash surplus: free cash flow is positive; firm has a low debt ratio compard to others;
the following are indicators that the firm has a cash surplus: free cash flow is positive; firm has a low debt ratio compard to others; the firm has sufficient debt capacity to cover setbacks - can be one or more answers
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
