improving cash flow Flashcards
1
Q
financial management
A
about changing monetary variables such as cash flows to achieve financial objectives such as improved cash flow
2
Q
improving cash flow
A
delay paying invoices leasing rather than buying reduce stock orders improve credit terms with suppliers use cheaper suppliers
3
Q
why is cash flow important?
A
a business can still be profitable but run out of cash. if a businesses outflows are greater than its inflows then it can run out of cash and trading will cease.
