Statements of Income, Cash Flow, & Balance Sheets – PART 4: Accounts Receivable, Collateral, & Factoring (MBA Buster)

Statements of Income, Cash Flow, & Balance Sheets – PART 4: Accounts Receivable, Collateral, & Factoring (MBA Buster)

Statements of Income, Cash Flow, & Balance Sheets - PART 4: Accounts Receivable, Collateral, & Factoring (MBA Buster)

What’s the difference between spotting someone for lunch and them buying a new sofa on credit? Turns out, not that much. You’re always going to have that person who won’t pay what they owe, and at some point you need to account for the fact that you’ll never see that cash again. This book takes this analogy and introduces the idea of net accounts receivable, and how businesses can use the money as collateral for a loan or factor it.

This book is part of the MB

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