2.12 A/R Overview – What is Accounts Receivable

In this sections we will cover what is accounts receivable, we will go into the journal entries for A/R, and talk through some of the logic of Accounts Receivable. We say it over and over again, but Cash is King. A large number of businesses sell on credit. This means they don’t make the custom […]

2.08 Time Value of Money

Time value of money is the concept $1 today is worth more than $1 tomorrow. Think about the price of a McDonald’s Big Mac: 1962 Price: $0.49 2018 Price: $4.79! Given this, it is important to always remember when thinking about financial models and financial decision we need to adjust future cash flows so we […]

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