Business Finance: Profit, Cash Flow, Working Capital, and Cash Budget

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Added on 2022/12/26

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AI Summary

This document provides an overview of business finance, focusing on profit, cash flow, working capital, and cash budget. It explains the differences between profit and cash flow, and the impact of changes in working capital on a business organization. It also offers recommendations for effective working capital management. Additionally, it includes a case study on Thorne Estates and the preparation of a monthly cash budget.

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Business Finance: Profit, Cash Flow, Working Capital, and Cash Budget

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