1 a member of the board of directors is puzzled by the fact, Ask an Expert

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1. A member of the board of directors is puzzled by the fact that the firm has had a very profitable year but does not have enough cash to pay its bills on time. Explain to the director how a firm can be profitable, yet not have enough cash to pay its bills and dividends.

2. Depreciation is often considered a major source of funds. Do you agree? Explain.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92072850

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