In business, there are several uses for preparing cash flow projections or statements. In early-stage business situations, cash flow projections are needed to determine how much money is needed to ...

As for what Buffett is looking for, they give us a hint in this quotation from the guru at the top of the chapter: "There is a huge difference between the business that grows and requires lots of ...

Most investors, if they decide to read company financial statements at all (and many don’t), head straight to the income statement. After all, they presume, they first need to see how much money their ...