M3D1: Cash Flow and Profitability – Jamie Acker
Economic entities are assumed to act rationally in their self-interest. Therefore, consumers seek low prices and best values. Investors seek high returns. Employees seek high incomes given a specific level of training and work. Business seeks high revenues and low expenses. Note that none of these entities are always successful in optimally satisfying their self-interests. Still, all strive to acquire the best information possible within […]