1.

1. explain why cash flows occurring at different times must be adjusted to reflect their value as of a common date before they can be compared and be able to calculate the present value and future value of multiple cash flows.

Answer»

Positive cash flow INDICATES that a company's liquid assets are increasing, ENABLING it to settle debts, reinvest in its business, RETURN money to shareholders, pay EXPENSES and provide a buffer against future financial challenges.



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