Explain why it is more important to manage long-term profitability than short-term cash flow.
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Explain why it is more important to manage long-term profitability than short-term cash flow.
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Managing longterm profitability is generally considered more important than shortterm cash flow for several key reasons Sustainability and Growth Longterm profitability focuses on maintaining and grow...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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