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    Fundamentals of Corporate Finance Study Set 22
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    Exam 3: Working With Financial Statements
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    Assume That Your fiRm Has a Positive Cash Balance and That
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Assume That Your fiRm Has a Positive Cash Balance and That

Question 219

Question 219

Essay

Assume that your firm has a positive cash balance and that the cash balance is increasing each
year. Why then is it important to analyze a statement of cash flows?

Correct Answer:

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It is possible that the increase in the ...

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