There is a saying that "happiness is a positive cash flow". To achieve a positive cash flow is not an easy task, and the financial manager is closely involved to monitor the cash flow of a business.

Select a business of your choice and then explain all the elements of its cash flow, how they impact on cash flow, and how this cash flow management eventually contributes to the wealth creation of the selected business.

Answer rating: 100% (QA)

I have chosen a retail clothing business as an example to explain the elements of its cash flow and ... View the full answer