Question: Select a reason why cash flow forecasting is important to a company's success. a.) It enables a company to predict its bottom line in a
Select a reason why cash flow forecasting is important to a company's success.
a.) It enables a company to predict its bottom line in a future time period.
b.) It enables companies to use cash efficiently and avoid sitting on unnecessary cash reserves.
c.) It enables a company to determine its financial health by projecting its sales revenues.
d.) It enables companies to generate more cash by increasing accounts receivable.
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