Part IV
Understanding How Companies Optimize Operations
Accounts Receivable Aging Schedule for ABC Company, as of July 31, 2012
Read more about the differences between internal and public reports at www.dummies.com/extras/readingfinancialreports.
In this part…
- Look at the budget process and understand how it relates to financial reporting.
- Explore the efficiency with which the company uses its assets and how quickly it sells its inventory.
- Discover some tests you can do to see if a company can collect from its customers.
- Dig into how the company keeps its cash flowing.
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