Does it ever make sense for a profitable company with positive cash flow to seek external financing? Why or why not?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter1: An Overview Of Financial Management And The Financial Environment
Section1.1: The Five-minute Mba
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Does it ever make sense for a profitable company with positive cash flow to seek external financing? Why or why not?

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