Why is it crucial for a financial manager to understand the

timing of cash flows within the firm?

It determines the company's capacity to secure additional debt

financing.

It is essential for forecasting future interest rates with

precision.

It directly influences the firm's approach to predicting stock

market movements.

It plays a pivotal role in optimizing the schedule for dividend

distributions.

It ensures the firm's ability to meet imminent liabilities as they

arise.