Emphasis on cash flows as opposed to net income
Question: Operating cash flows, rather than accounting profits, are the basis for which capital budgeting projects are evaluated. What is the basis for this emphasis on cash flows as opposed to net income?
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If annual credit sales are $5 million, what is the company's balance in accounts receivable?
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What is the basis for this emphasis on cash flows as opposed to net income?
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Discuss the strategic value of personnel training and development. What are the implications for the MNC?
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