Small business owners, entrepreneurs, professionals, and managers with little or no financial background are some of the people who need to understand financial statements--but struggle for a grasp of even the simplest figures. Written especially for the nonfinancial professional, this practical guide includes an overview of financial statements--what they are and what they tell us--a thorough yet basic introduction to the actual concept, and easy-to-undertand explanations of profit and loss, statement of cash flows, and special reporting issues.therefore a use of cash that offset the $100 source from net income. ... that does not result in a cash outlay, it is considered a source of cash in the conversion of net profit from the income statement to cash provided in the Cash Flow Statement .
Title | : | How to Use Financial Statements: A Guide to Understanding the Numbers |
Author | : | James Bandler |
Publisher | : | McGraw Hill Professional - 1994 |
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