Module 2 SLP ACC202 - Module 2 SLP ACC 202 Dr. Glenn Tenney...

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Module 2 SLP ACC 202 Dr. Glenn Tenney
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To describe the significant decisions when considering cash flow one must start with how this organization is funded. There are three main funding sources which are contributions, revenues from products and services and investment income with other sources involved. When you break down the figures and get to the source of its financial position you will get a good idea why cash flow in extremely important. The following information will give you a breakdown on its financial issues and concerns for fiscal year 2007. Their operating revenue and gains totaled approximately 3.1 million dollars. This includes products and services, for instance, whole blood and components, or course fees and materials which is 70% of operating revenue and gains. The importance of having cash flow on hand is being able to provide these products and services to those who are in need. In order to achieve this, there must be some sort of revenue or monetary amount to start the cash flow process. Contributions totaled 705 thousand dollars or 22% which consisted of grants, individual
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Module 2 SLP ACC202 - Module 2 SLP ACC 202 Dr. Glenn Tenney...

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