April 2024
Beginner
464 pages
12h 59m
English
Chapter 14
IN THIS CHAPTER
Understanding cash flow
Reading and interpreting profit and loss statements and balance sheets
Reviewing key ratios and percentages of profitability
Overseeing inventory and accounts receivable
Controlling costs and improving profits
Although people drive the business of doing business, money fuels the engine. That money can be counted, compiled, and presented in numerous ways — ways that, in the right hands, can provide a steady flow of financial information with which you can accomplish a number of key business functions, including the following: