A firm that has higher free cash flow have a higher value? （ ）
举一反三
- A firm can be said to have competitive advantage when it has higher stock market valuations than its competitors.
- Natural gas has a higher heating value than coal.
- ____________________refers to the phenomena of 1+1>2, when the value of a combined firm is higher than the sum of the value of two individual firms.
- A firm with a higher degree of operating leverage when compared to the industry average implies thatthe A: Firm has higher variable costs. B: Firm's profits are more sensitive to changes in sales volume. C: Firm is more profitable. D: Firm is less risky.
- The more value customers place on a firm's products, the higher the price the firm can charge for those products. A: 正确 B: 错误