Respond to the following in a minimum of 175 words. Remember to in-text cite and then reference materials where required. 

 

Discuss the Following in a Single Initial Reply: 

 

1) This may seem like an obvious one, but it is important to understand the differences in financial management. Who can describe the difference between cash flow, profit and net income?

 

2) What is the definition of working capital in practical terms? Additionally, where do we find working capital in financial statements?

 

3) Equally important, who can present some basic ideas on where we go when trying to raise capital?