Use this website: https://www.fundera.com/blog/the-ultimate-guide-to-cash-flow-analysis

to answer the following questions:

a. Explain the value of profits or net income relative to cash flow over the course of a year of operations.

i. How does this affect the financial flexibility of the firm over the course of one year of operations?Explain.

b. Relative to cash flow, explain the wisdom of extending payments to vendors for inputs, products, or services rendered to the last possible date prior to a penalty.

i. Is there a downside to such a strategy?Explain.

c. Explain the role of positive cash flow as it relates to purchases of new equipment (i.e. investment) to facilitate production quantities or quality.

i. What might be a critical role of positive cash flow relative to new product development?Explain.

d. Relative to an entrepreneur owner of a small firm seeking to expand his/her geographic footprint, explain the role of positive cash flow over the course of the year.

i. When might an entrepreneur owner decide to refrain from "taking a draw" or "payment" from his/her business?Explain.

e. Describe the wisdom of an entrepreneur owner "holding excess cash" or "buffer cash" over the course of a year.

i. What might the entrepreneur owner use said cash for over the course of a year?Would new product development be something he/she might use this money for?Explain.