Explain Statement of Before-Tax Cash Flow (BTCF)?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter17: Retirement And Estate Planning
Section17.3: Invest Through Employer-sponsored retirement Plans
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Explain Statement of Before-Tax Cash Flow (BTCF)?

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Cash flows refer to the net amount of cash and cash equivalents which the company earns. The cash flows indicate the ability of the company to generate returns for its shareholders or investors. It is used to measure company profitability. The cash flows also help in assessing the worth of the project and whether they will provide benefits to the company or not.

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