Ch.20- Cash-flow forecasting and working capital Flashcards
1
Q
Cash-flow forecast
A
An estimate of future cash inflows and outflows of a business
2
Q
Net cash flow
A
Cash inflow minus cash outflow
3
Q
Liquidity
A
The ability of a business to pay its short-term debts
4
Q
Credit sales
A
Goods sold to customers who will pay for these at an agreed date in the future
5
Q
Cash-flow forecast
A
An estimate of the future cash inflows and outflows of a business
6
Q
Net cash flow
A
Cash inflows minus cash outflows
7
Q
Liquidity
A
The ability of a business to pay its short-term debts
8
Q
Credit sales
A
Goods sold to customers who will pay for these at an agreed date in the future
