Multiple Choice
If a firm is currently profitable,then:
A) its current cash inflows must exceed its current cash outflows.
B) its reported sales exceed its costs.
C) its cash flows are known with certainty.
D) it will always have sufficient cash to pay its bills in a timely manner.
E) the timing of the related cash flows is irrelevant.
Correct Answer:
Verified
Correct Answer:
Verified
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