Friday, November 20, 2009

What is cash projection? Why we have to use cash projection in organization?

I would like to know the meaning of cash projection, and how many kind different of cash projection. And why they need to use it?

What is cash projection? Why we have to use cash projection in organization?
basically to forecast how the company will do in the future. Usually some really smart guy will predict how much profits there will be. If the numbers are good (meaning the company is predicted to do very well in the future), people will invest in the company or buy things.
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