CashFlowABC Episode 17 - Understanding Cash Flow (Part 2)

The How & Why

Direct vs. Indirect method

Net Income & adjustments

Cash from Operations

a. Sources & uses of cash
b. Prepaid expenses
c. Accrued expenses
d. Accounts Payable
e. Accounts Receivable

Example:  think about a $150 invoice from an electrician to fix a light switch. The work is performed in March and you have net 30 terms. In …

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