Katie Murphy is preparing for a meeting with her banker. Her business is finishing its...
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Katie Murphy is preparing for a meeting with her banker. Her business is finishing its fourth year of operations. In the first year, it had negative cash flows from operations. In the second and third years, cash flows from operations were positive. However, inventory costs rose significantly in year and cash flows from operations will probably be down Murphy wants to secure a line of credit from her banker as a financing buffer. From experience, she knows the banker will scrutinize operating cash flows for years through and will want a projected number for year Murphy knows that a steady upward progression in operating cash flows for years through will help her case. She decides to use her discretion as owner and considers several business actions that will turn her operating cash flow in year from a decrease to an increase. Required 
Katie Murphy is preparing for a meeting with her banker. Her business is finishing its
fourth year of operations. In the first year, it had negative cash flows from operations. In
the second and third years, cash flows from operations were positive. However,
inventory costs rose significantly in year and cash flows from operations will probably
be down Murphy wants to secure a line of credit from her banker as a financing
buffer. From experience, she knows the banker will scrutinize operating cash flows for
years through and will want a projected number for year Murphy knows that a
steady upward progression in operating cash flows for years through will help her
case. She decides to use her discretion as owner and considers several business
actions that will turn her operating cash flow in year from a decrease to an increase.
Required
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