A profitable company can still go bankrupt if it runs out of cash. Abascal emphasizes that cash flow is the lifeblood of operations. Managers learn how to optimize inventory, speed up receivables, and manage payables without stifling growth. 3. Investment Project Decisions
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Once an investment is chosen, how should the firm pay for it? The manual breaks down the pros and cons of leveraging bank debt versus giving up ownership via equity. 5. Practical Excel Modeling A profitable company can still go bankrupt if