Your friend has recently started up a new ice-cream shop business, but he is worried about the
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Your friend has recently started up a new ice-cream shop business, but he is worried about the seasonality of cash flows his business will face, because the demand for ice cream will most likely be higher in summer than in other seasons, particularly winter. Aware you are studying for a finance degree, he asks you for help on how he should manage this risk. What would your advice to him be?
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Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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