Discuss the relative importance of net income versus cash in the financial management of any company. Should we be focusing more on cash management? Why or why not.
The worth of the Company counts on the anticipated future cash flows of the firm that is the main that why it is very important of any organization to focus mainly on the cash management of the organization, not on described net income. This notion is a centered tenet of investment idea and tour guides economic managers in their stewardship obligations to shareholders.