View the step-by-step solution to:

In studying Statement of Cash Flow (SOCF), the following question was asked in the class; "The statement of cash flow is imperative in allowing

In studying Statement of Cash Flow (SOCF), the following question was asked in the class;


"The statement of cash flow is imperative in allowing investors to understand how cash is generated in each organization/company.

Many investors tend to rely upon the statement of cash flow than other financial statements to know the true performance of the organization.

As a manager who is concerned about the health of your company, which examples of measures will you take to cut the cash outflow of your company?"


I don't quite know what it means by "examples of measures"... hence I don't know how to answer that question.

Can somebody give me advice, please?

Top Answer

This means 'Measures that can help you cut expenses... View the full answer

1 comment
  • It really helped me a lot! Thank you for clarifying what the question was. Much appreciated!!
    • Doshisha
    • May 16, 2018 at 1:30pm

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online