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Which one of these statements is correct? A. Firms prefer to receive cash later rather than sooner. B. Corporate finance focuses on sales and profits.
- Which one of these statements is correct?
- A. Firms prefer to receive cash later rather than sooner.
- B. Corporate finance focuses on sales and profits.
- C. Value creation depends solely on profits.
- D. The amount of April sales must equal the amount of cash received by the firm during April.
- E. The cash flows of a firm are generally uncertain.
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
