Business in Action, 9th Ed.
Chapter 15: Financial Information and Accounting Concepts
How does our spending compare to average Americans?
When it comes to money, there’s a ton of terrible advice out there.
"After starting a business, your next task is finding ways to acquire and retain customers.
"After nearly 15 years in banking, I have witnessed firsthand how banks operate and make money.
Still good advice from Libby Kane (photo, left).
"Find out how OCF [Operating Cash Flow] can be used to value a company based on their ability to generate cash from operation.
"Some companies are trying to fool investors by dressing up their financial statements with fairy-tale numbers.
John Boitnott (photo, left) gives a few tips on how to make your financial forecasts more accurate.
"More and more people are calling for a "ban on banking," but that's not as crazy as it sounds," writes Joe Weisenthal (photo, left).
"Most of my clients started their business because they’re amazing at what they do, but they’re not business people by training," observes Evan Horowitz in a post at FreshBooks.
Get comfortable with balances sheets with Part 1 of this two-part seriesView original content
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