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Review the chapter''s opener involving toms

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1.Review the chapter's opener involving TOMS and its young entrepreneurial owner, Blake Mycoskie. 

Required: 

1. In a business such as TOMS, monitoring cash flow is always a priority. Even though TOMS now has thousands in annual sales and earns a positive net income, explain how cash flow can lag behind net income. 

2. TOMS is a privately owned corporation. What are potential sources of financing for its future expansion?

Reference no: EM13899547

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