Why do we focus on cash flows rather than accounting


Why do we focus on cash flows rather than accounting profits in making our capital-budgeting decisions? Why are we only interested in incremental cash flows rather than total cash flows? As a financial manager, explain why these concepts are important to business leaders in Saudi Arabia.

On one page discussion remember to use in-text citations and list APA style references to support your response.

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Accounting Basics: Why do we focus on cash flows rather than accounting
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