Short-Term Forecasting Cash Flow Relations Basic facts: Cash refers to cash and cash equivalents Cash is the most liquid of assets Nearly all transactions have an immediate or eventual impact on cash Some users consider receivables and inventories liquid assets given their nearness to cashShort-Term Forecasting Cash Flow Relations Basic facts: - Cash refers to cash and cash equivalents - Cash is the most liquid of assets - Nearly all transactions have an immediate or eventual impact on cash - Some users consider receivables and inventories liquid assets given their nearness to cash