Cash Flow Estimation
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.
Assignment Steps
Create a 150 Introduction-word summary explaining the importance of cash flow. ONLY INTRODUCTION
Cite in text with reference if needed to. Please No Plagiarism
Answer previewCash flow is the money movement either into or out of the business, project or products of finance that comes from investing, operating and financing activities. Cash flow statements are normally prepared during a given period which is the accounting period to provide information on the changes of company’s cash and its overall cash equivalents, its ability to buy and sell its own securities more also, its ability to borrow and repay loans (Brooks, 2015). The cash flows give a reflection of cash position…180 words