Cash is king

Cash is king

The class is managerial finance Discussion There is a common phrase in business: ″Cash is king.″ ″Cash flow is the life-blood of a company. Without it, a company will fail″ (Hicks, 2012). Yet, companies often have to take risks that could potentially jeopardize their cash flow (e.g., new projects, growth, capital budgeting, etc.). Assume you […]