Business, 06.09.2019 17:10 JackMonhen

Can a firm with positive net income run out of cash? explain. (select all the choices that apply.) a. a firm that has positive net income could never run out of cash. b. a firm can have positive net income but still run out of cash. c. for example, to expand its current production, a profitable company may spend more on investment activities than it generates from operating activities and financing activities. net cash flow for that period would be negative, although its net income is positive. d. it could also run out of cash if it spends a lot on financing activities, perhaps by paying off maturing long-term debt, repurchasing shares, or paying dividends.

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Can a firm with positive net income run out of cash? explain. (select all the choices that apply.)...

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