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

What's the difference between spotting someone $20 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.

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This book is part of the MBA Buster series. Whether you're getting your MBA from a university or have decided to go it alone, the MBA Buster series will: break a concept down into layman's terms, explain what you need to know for a test, and demonstrate how to apply the concept to the real world.

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Brevitext books aren't like normal textbooks. Not in the slightest.

Normal textbooks are written by tenured university professors who have long forgotten how to relate to new students. Quantity, not quality, is the name of the game, and after spending hundreds of dollars on thousands of pages of awkwardly-written material, readers find themselves overwhelmed and confused.

Brevitext books, on the other hand, are written by fellow students who have recently mastered the concepts and are now applying them to the real world. They are concise, easy-to-understand, and light-hearted. Oh, and they only cost a few bucks.

For more information, visit www.brevitext.com.