The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure
A. profitability.
B. the ability to pay dividends.
C. the ability to acquire new assets.
D. solvency.
Answer:D
The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure
A. profitability. B. the ability to pay dividends. C. the ability to acquire new assets. D. solvency.