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.
C)Value creation depends solely on profits.
D)The amount of April sales must equal the amount of cash received by the firm during April.
E)The cash flows of a firm are generally uncertain.

Question

Quizplus · Accepted Answer

The statement "The cash flows of a firm are generally uncertain" is correct. Cash flows can be affected by various factors such as changes in the market, unexpected expenses, and changes in economic policies, making it difficult for firms to accurately predict future cash flows.

Which One of These Statements Is Correct