Cash Budget For Power Direct, Over Draft, Income Tax, Wages, Business Plan, Forecasting & Cash Outflow - Power Direct Report Writing - Accounting Assignment Help

Assignment Task -

In the months where the cash balance is negative, Power Direct would like your expert advice on how the cash balance could be improved. Write a short report to Power direct stating: 700 words
1. What is meant by 'cash flow.

2. Why it is important to have a strong cash balance for a company like Power Direct.

3. Explain why 'good management of cash flow starts with good forecasting.

4. Explain how Power Direct could benefit from delaying its cash outflow? 

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