December 2014
Beginner
352 pages
13h 51m
English
Content preview from The Business Book
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IN CONTEXT
FOCUS
Financial management
KEY DATES
1957 John Meyer and Ed Kuh publish “The Investment Decision,” the first study to look at cash flow and investment in businesses.
1987 The US Financial Accounting Standard Board (FASB) introduces a new requirement: companies must now complete an annual “statement of cash flows” in addition to a balance sheet, income statement, and retained earnings statement.
2013 The UK’s Co-operative Bank abandons its plans to purchase 632 branches of Lloyds Bank, because it has insufficient cash to buy the business and run the branches.
For new businesses, fast-growing companies, and in times of recession, cash is king. ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.