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olga_2 [115]
2 years ago
15

Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an e

xample to support your claims
Business
1 answer:
densk [106]2 years ago
6 0

The cash flow statement plays a vital role for each type of company as it shows the cash positions with respect to the liquidity because the cash should be the most liquid asset and the same would be presented in the organization's hands.

Moreover, they always try to have a sufficient cash amount so that the risk attached to the unfavorable economic situation could be eliminated. So the business wants to store a high value of cash amount and have sufficient liquidity and the same would be presented in the cash flow statement.

Learn more about cash flow here:brainly.com/question/24179665

#SPJ4

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Pretax financial statement income for the year ended December 31, 2018, was $25 million for Scott Pen Company. Scott’s taxable i
valkas [14]

Answer:

Option B $9 million is the correct answer.

Explanation:

The current portion of income tax expense is the taxable for the year multiplied by the prevalen tax rate in the year.

Current portion of income tax expense=taxable income*tax rate

taxable income is $30 million

tax rate is 30%

current portion of income tax expense=$30 million*30%=$ 9 million

Option B is the correct answer

However,if one chooses option A,it implies that one had used pretax net income of $25 million in computing the income tax expenses instead of taxable income on which tax is payable

6 0
3 years ago
Read 2 more answers
If you are unhappy with your fitness evaluation results, __________.
Nina [5.8K]
Evaluate you results and set improvement goals. 
you should first identify or go through what you think you did wrong , once you've done  that look for solutions to those mistakes, set your improvement goals.

6 0
3 years ago
Read 2 more answers
A three-person committee has to choose a winner for a national art prize. After some debate, there are three candidates still un
andre [41]

Explanation:

The preference committee members are as follows:

Member 1 prefers a to b and b to c

Member 2 prefers c to a and a to b

Member 3 prefers b to c and c to a

The order of this problem can be solved:

Preference for 1, 2 and 3 are as below:

1. a then b then c

2. c then a then b

3. b then c then

Member 1 knowing advantage , will always disagree with 2 and 3 so that he can win when it comes to vote

So, 2 and 3 in order to win , will have to cooperate with each other.

As we can see that the least suitable option according to Member 2 and Member 3 are b and a respectively. Therefore they would not consider supporting either b or a.

So the possible option of Member 2 and Member 3 supporting will be C.

Therefore both 2 and 3 will agree on C.

The predicted outcome of the game is C.

5 0
3 years ago
The nine-cell attractiveness-strength matrix provides clear, strong logic for Group of answer choices using both industry attrac
aliina [53]

Answer:

using both industry attractiveness and business strength measurements in allocating resources and investment capital to a corporation's different businesses.

Explanation:

A nine-cell matrix can be defined as a strategic framework that provides a systematic approach used multi-business corporations to set priority on their investments among the different business units. Thus, it offers strategic implications of an investment by evaluating business portfolios, which are mainly based on business strength and market attractiveness.

Furthermore, the nine-cell industry attractiveness competitive strength matrix is a strategic framework adopted by individuals or managers in order to assist them in deciding which businesses should have low, average, and high priorities in deploying corporate resources.

Hence, the nine-cell attractiveness-strength matrix provides clear, strong logic for using both industry (market) attractiveness and business strength measurements in allocating corporate resources and investment capital to the different businesses owned by a corporation.

8 0
3 years ago
What are two recent CSR/CSI initiatives of Woolworths​
Anvisha [2.4K]

Answer: Donating food to needy communities, and clothes

Explanation: The fabric of society

7 0
2 years ago
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