Purpose of Assignment
The purpose of this assignment is to allow students the opportunity to understand the importance of cash flow and its usefulness in business.
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Create a 700-word summary explaining the importance of cash flow.
Include the following:
- How cash flow differs from profits.
- The author of Financial Management mentions seven issues that have to be kept track of during a comprehensive cash flow estimation process. Explain the role of each, when estimating cash flow.
- Why should cash flow be projected for a new product and what other factors should be included in the analysis?
Format your paper consistent with APA guidelines.