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    Principles of Managerial Finance
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    Exam 4: Cash Flow and Financial Planning
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    One Basic Weakness of the Simplified Pro Forma Approaches Lies
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One Basic Weakness of the Simplified Pro Forma Approaches Lies

Question 179

Question 179

True/False

One basic weakness of the simplified pro forma approaches lies in the assumption that certain variables, such as cash, accounts receivable, and inventories, can be forced to take on certain "desired" values.

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