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What are potential sources of financing for future expansion

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Reference no: EM131535941

Question: Review the chapter's opener involving Animoto and its four young entrepreneurial owners.

Required: 1. In a business such as Animoto, monitoring cash flow is always a priority. Even though Animoto now has thousands in annual sales and earns a positive net income, explain how cash flow can lag behind earnings.

2. Animoto is a closely held corporation. What are potential sources of financing for its future expansion?

Reference no: EM131535941

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