Start-up firms typically have negative net cash flows for several years. a. Does this mean that they
Question:
a. Does this mean that they are failing?
b. Accounting profits for these firms are also commonly negative. How would you interpret this pattern? Is there a shortcoming in our accounting rules?
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a The fact that startup firms typically have negative ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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