One positive feature of QSPM is that it does not require intuitive judgments and educated assumptions

Which of the following statements is FALSE?

a. Seasonal sales can create large short-term cash flow deficits and surpluses. b. Deficits resulting from investments in long-term projects are often financed using long-term sources of capital, such as equity or long-term bonds. c. The first step in short-term financial planning is to forecast the company's future net working capital. d. If a company anticipates an ongoing surplus of cash, it may choose to increase its dividend payout.

A syndicated services data firm collects data in a standard format and makes it available to:

A) only the first firm that purchases the data B) all who subscribe to the data C) shareholders in the company D) government regulators E) no one; syndicated services data firms do not collect data in a standard format