100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Accounting £7.49   Add to cart

Lecture notes

Accounting

 11 views  0 purchase

Lecture notes study book Rich Dad Poor Dad of Robert Kiyosaki, Zack Bowman - ISBN: 9780359727896, Edition: 1, Year of publication: - (Accounting)

Preview 3 out of 18  pages

  • May 12, 2021
  • 18
  • 2020/2021
  • Lecture notes
  • Marie
  • All classes
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (7)
avatar-seller
jeffdang
, Cash is
King
fhekeyfonancialftatementst.lu
statement of cash flows and the other statements
1, statement of financial performance C.Income Performance)
2, statementof financial position ( Balance sheet .




8, statement of cash flows ( cash flow statement?
4 Statement of changes equityin (
equity statement?
5 , statement
of comprehensive Income .




Why cash so important?
is
At the endof the
day cash a transferable and a- what we useto pay for things
,


white both revenue and profit are just conceptual measurements they are not ,



something you can actually use .




How cash the lifeline of your business ?
a

Itai Lin portant to understand that a business fails when it runs out of cash ,
not
because it makes losses A business can sustain losses as long as it has enough cash
. .




some businesses have sustained tones for
years before becoming profitable .




How your business fail ?
can

If you fail to pay any of the people and organisation you owe money to they can
go to court and put your business into administration What this means
ti a third .




party administrator is appointed to see your business and> off and pay back there
• "




money too , only giving you what a loft over after all liabilities are settled

It's for this reason that many regard cash to be more importantthan
profits .




Cash Injections

, Cath Injections Explained -

Cashflow of a person .




÷÷:¥¥f
Sources d- potential cash injections Cui your own finances)
-

Get a job Ask family -




-
Overdraft -
Aska friend
- Credit card -
Sell assets .




-
Get a loan



Our need for cash the same a- as for a business .




ssounes A potential cash injections
-
Sella product or service: -
fell assets
.




- Overdraft - Issue shares .




-
Get a loan .
Issue bonds .




- credit card


why are profits still inipatant ?

Cash carha
IIFA generate
Profits are
a )
thereat band
format cash
( Profit
injections .

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller jeffdang. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66579 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£7.49
  • (0)
  Add to cart