Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134101477
Author: Berk
Publisher: PEARSON
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Chapter 27.1, Problem 2CC

What is the effect of seasonalities on short-term cash flows?

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Does the payback-period analysis ignore differences in the timing of cash flows?
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