The relationship between the accounting sustainable growth rate and the cash flow sustainable growth rate
The accounting sustainable growth rate is used by financial managers and bankers to determine possible financing needs and investment opportunities for companies. However, the authors contend that as this rate is based upon accrual figures that do not reflect the cash position of a company, it could...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
1999-12-01
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Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/761 |