And to a certain extent I am sure this is true - certainly more true than, say, designing another clothing collection, the last century's big solution to a designer's cash flow problems.

从某种程度上讲，我相信这是事实——当然与设计另一个服装系列不同，而设计一个服装系列是上世纪解决设计师现金流问题的最重要方法。

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Thus, some acquisitions are a solution to the agency problem of free cash flow while others, such as diversification programs, are symptoms of those problems.

因此，某些收购活动是“自由现金流的代理问题”的解决方案，如多样化方案，便是这一问题的表征。

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