A Friend Who Started a Business During the Last Year

question 13

Essay

A friend who started a business during the last year has come to you with the following statement: "My accountant is preparing our first financial report and she told me one of the statements was a Statement of Cash Flows. She also told me that my business is facing cash flow problems."
Instructions
Prepare a reply to your friend. Include three causes of cash flow problems and solutions to solve the cash flow problems. Explain how the Statement of Cash Flows will assist in managing the business.

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Definitions:

rRNA

Ribosomal RNA, a type of RNA that, along with proteins, forms the structure of ribosomes and helps synthesize proteins in cells.

dsRNA

Double-stranded RNA, a molecular structure consisting of two complementary strands of RNA which can interfere with gene expression.

Single Stranded DNA

DNA consisting of only one strand, as opposed to the double-stranded structure of typical DNA, often found in some viruses.

Synthetic Strand DNA

refers to artificially created sequences of DNA that are synthesized to study genetic functions or for use in biotechnology.