Discussion Post: Cash Flow and Financial Analysis
Part I: Importance of Cash
Generating cash is the ultimate responsibility for managers today. Cash and cash flow are considered the "lifeblood" of a business.
How important has cash generation been for your current company or a prior employer? How is cash generation different from the concept of profit and loss (P&L) in accounting? Provide an example of how a company manages cash flow.
Part II: Application of Concepts/Financial Analysis
Discuss why financial analysis is important in the overall understanding of the financial performance of a firm. Be specific and give examples based on your experience or research.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.