What term is used to describe a company's ability to generate sufficient amounts of cash to respond
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Question:
What term is used to describe a company's ability to generate sufficient amounts of cash to respond to unanticipated needs and opportunities?
a. Financial flexibility.
b. Free cash flow.
c. Working capital.
d. Liquidity.
Related Book For
Financial And Managerial Accounting The Basis For Business Decisions
ISBN: 9781260247930
19th Edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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