Week 5 Analysis 3 - and still keep cash on hand for...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
It is truly important for a company to know how much money is coming into the business and how much money is going out. For example, if a company has all their expenses set up at the beginning of the month and they do not budget properly, they can run into a big problem. It is important to handle cash flow in a smart and effective manner to ensure all expenses can be paid
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: and still keep cash on hand for unexpected expenses. If a company is ever going to see profits, they need to ensure that their cash in is higher than there cash out, but if they do not even know where their money is going this may be impossible....
View Full Document

Ask a homework question - tutors are online