Financial Intelligence for Entrepreneurs by Berman Karen; Knight Joe;
Author:Berman, Karen; Knight, Joe;
Language: eng
Format: epub
Publisher: Harvard Business Review Press
Published: 2011-06-22T16:00:00+00:00
The list goes on. Maybe your plant manager is always recommending buying more equipment, just in case the orders come in. Perhaps whoever runs your IT system feels that the company always needs the latest upgrades. You have to respond to such requests, and every one will affect cash flow.
Third, entrepreneurs who understand cash flow tend to make better decisions day in and day out than those who focus purely on the income statement. In the following part, for instance, you’ll learn to calculate ratios such as days sales outstanding, which is a key measure of a company’s efficiency in collecting receivables. The faster receivables are collected, the better your company’s cash position.
But our general point here is that cash flow is a key indicator of your company’s financial health, along with profitability and shareholders’ equity. It’s the final link in the triad, and you need all three to assess how you are doing. It’s also the final link in the first level of financial intelligence. You now have a good understanding of all three financial statements, so it’s time to move on to the next level—to put that information to work.
Download
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.
Harry Potter and the Goblet Of Fire by J.K. Rowling(2984)
Never by Ken Follett(2840)
Shadow of Night by Deborah Harkness(2694)
Ogilvy on Advertising by David Ogilvy(2663)
Zero to IPO: Over $1 Trillion of Actionable Advice from the World's Most Successful Entrepreneurs by Frederic Kerrest(2303)
The Man Who Died Twice by Richard Osman(2273)
How Proust Can Change Your Life by Alain De Botton(2249)
Book of Life by Deborah Harkness(2243)
My Brilliant Friend by Elena Ferrante(2204)
0041152001443424520 .pdf by Unknown(2202)
The Tipping Point by Malcolm Gladwell(2191)
Machine Learning at Scale with H2O by Gregory Keys | David Whiting(2185)
How to Pay Zero Taxes, 2018 by Jeff A. Schnepper(2086)
Will by Will Smith(1989)
Purple Hibiscus by Chimamanda Ngozi Adichie(1961)
Hooked: A Dark, Contemporary Romance (Never After Series) by Emily McIntire(1859)
Borders by unknow(1772)
Rationality by Steven Pinker(1747)
Daughter of Smoke and Bone by Laini Taylor(1725)