Robert implemented a long-range plan to establish 30 of its


FDI to reduce cash flow volatility. Rideau Chemical SA and Robert Sarl (both French companies) have similar intentions to reduce the volatility of their cash flows. Rideau implemented a long-range plan to establish 40% of its business in Canada. Robert implemented a long-range plan to establish 30% of its business in Europe and Asia, scattered among 12 different countries. Which company will more effectively reduce cash flow volatility once the plans are achieved?

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Financial Management: Robert implemented a long-range plan to establish 30 of its
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