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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.
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- B. Corporate finance focuses on sales and profits.
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- C. Value creation depends solely on profits.
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- D. The amount of April sales must equal the amount of cash received by the firm during April.
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- E. The cash flows of a firm are generally uncertain.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
978-0134724713
