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In today’s volatile market, what do you think is the most important step in capital budgeting financial analysis? Why?

ANSWER THE ABOVE DISCUSSION QUESTION AND REPLY TO MY CLASSMATES RESPONSE TO THE ABOVE QUESTION AND EXPLAIN WHY YOU AGREE? (A MINIMUM OF 125 WORDS EACH)

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In my opinion, cash flow estimation is the most important step in capital budgeting financial analysis. Cash flow estimation allows a business to make better plans and decisions. It provides a better picture to understand where money is being or might be spent. Knowing and being on top of your cash flow allows you to protect your business relationships by ensuring you always have the funds available to pay for the supplies or services which your business is receiving. Cash flow estimation also helps you determine if and when you can grow your business.