This paper concentrates on the primary theme of Profits and Cash Flow & Budgets in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.
Please help me with the following questions. I need more insight.
1. What is the difference between profits and cash flow?
2. Why can a company outgrow its cash?
3. What is the relationship between profit margins and growth capacity?
And:
1. Who should be involved in the development of the budget?
2. Why is it important to have management approval of a budget?
3. To what extent does the budget serve as a goal and to what extent does the budget serve as a roadmap for management?