πŸ“Š International Financial Management
Q. Which of the following is not true regarding a target's previous cash flows?
  • (A) They may serve as an initial base from which future cash flows may be estimated after accounting for other factors.
  • (B) It may be easier to estimate the cash flows to be generated by a target than to estimate the cash flows to be generated from a new foreign subsidiary.
  • (C) They are always good indicators of future cash flows.
  • (D) All of the above are true.
πŸ’¬ Discuss
βœ… Correct Answer: (C) They are always good indicators of future cash flows.

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