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The paper describes when an individual may wish to gauge a cash flow, such as when one is interested in purchasing a business. The paper further explains how a cash flow statement allows for decisions made by company management to be scrutinized in regards to investing company funds and also provides information to analysts on company performance. In addition, the paper looks at how the flow of cash can be enhanced.
From the Paper:"There are a number of situations that arise throughout a lifetime when knowing how to gauge cash flow will be necessary. These situations can be on a personal or a business level, but in any case will allow the individual who is in need of the information to glean and ascertain advantageous data in order to make an informed decision. Such decisions can affect the individual in a number of different ways, and could mean the difference between a successful career or business, or a failure in the same endeavor."
Sample of Sources Used:
- Layeux, C.; (2008) Economic challenges open doors for high net worth client opportunities, National Underwriter (Life & Health/Financial Services Edition), Vol. 112, No. 37, pp. 27 - 28
- Sanchez, D.; (2008) Buying a Business, Money, Vol. 37, No. 11, pp. 59 - 60
- Wimley, C.J.; (2008) How companies are improving cash flow and reducing costs with credit and collections automation, Business Credit, Vol. 110, No. 9, pp. 66 - 69
Cite this Term Paper:
Cash Flow Statements (2010, November 08) Retrieved May 11, 2021, from https://www.academon.com/term-paper/cash-flow-statements-145435/
"Cash Flow Statements" 08 November 2010. Web. 11 May. 2021. <https://www.academon.com/term-paper/cash-flow-statements-145435/>