A note from Sary

In order to understand how well a company is performing, it's useful to look at financial reports that track the business's performance. Where should you begin? I recommend starting with the Cash Flow Statement. The Cash Flow Statement is straightforward: it's an examination of a company's bank account over a certain period of time. Think of it like a checking-account ledger: deposits of cash flow in, and withdrawals of cash flow out. Ideally, more money flows in than flows out and the total never goes below zero.

Sary The Personal MBA, page 176 · October 30, 2023 Save to shelf
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