Asked by Omarie Harrison on Apr 27, 2024
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It has been argued that if one could perfectly synchronize a firm's cash inflows and outflows, short-term financial planning would be unnecessary. Do you agree? What actions can the firm's financial decision-makers take to reduce the degree of asynchronization? Why should this be of concern?
Asynchronization
The lack of synchronization; occurring not simultaneously or at different times or rates.
Financial Planning
Financial planning is the process of creating strategies for managing financial affairs and meeting life goals through the proper management of finances.
Cash Inflows
Money received by a company from its operational activities, investments, or financing.
- Describe the role of financial decision-making in aligning cash inflows and outflows.
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Learning Objectives
- Describe the role of financial decision-making in aligning cash inflows and outflows.
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