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.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Why do we focus on cash flows rather than accounting
Reference No:- TGS01374116

Expected delivery within 24 Hours