Question: A strong balance sheet ( i . e . , sufficient cash and ample ability to take on more debt ) is critical for pharmaceutical

A strong balance sheet

(

.

.,

sufficient cash and ample ability to take on more debt

)

is critical for pharmaceutical companies like Eli Lilly, Johnson & Johnson, and Pfizer since they frequently buy smaller pharmaceutical companies as a means to obtain new innovations to bring to market.

.

TRUE

q,

.

FALSE

A strong balance sheet (i.e., sufficient cash and ample ability to

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