Question

An outdoor water park that has a calendar year-end and is located in an area of the country that has warmer weather during April through September and colder weather during the rest of the year is likely to have:

A) unpredictable fluctuations in cash flow from quarter to quarter.

B) the largest cash inflow from operating activities in the second and third quarters (April through September).

C) a fairly stable cash flow across all four quarters.

D) the largest cash inflow from operating activities in the fourth and first quarters (October through March).

Answer

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