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3 Cards in this Set
- Front
- Back
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What’s cash flow |
If the movement of cash in and out of the business |
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Why cash is important to business |
This is because it’s essential to the business survival. Without it, they won’t be able to pay : - it’s employees wages - it’s suppliers of goods and services - other expenses such as rent |
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What does the business do to prevent a negative cash flow |
It’s needs an accurate forecast of the size and timing of cash inflows and cash outflow |
