Chapter 20 - Cash-Flow Forecasting & Working Capital Flashcards
1
Q
Cash-Flow Forecast
A
An estimate of the future cash inflows and outflows of a business
2
Q
Net Cash Flow
A
Cash inflow - cash outflow
3
Q
Liquidity
A
The ability of a business to pay its short term debts
4
Q
Credit Sales
A
Goods sold to customers who will pay for these at an agreed date in the future
