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Explain judgmental forecasting, including grass roots forecasting and the Delphi Method.
Salvage Value
The anticipated amount to be received from the sale of an asset when it is no longer useful.
Cash Flow
The total amount of money being transferred into and out of a business, which is used for assessing its liquidity, operational efficiency, and financial health.
Net Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity of the business.
Accounts Receivable
Accounts receivable from customers for deliveries of goods or provision of services by a company, payment for which is not yet made.
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