In essence, non-cash expenses are costs recorded on the income statement despite not involving an actual cash outflow. It’s like spreading the cost of something over time, even though you paid for it upfront.
Leverage is a financial concept that refers to the ability to magnify the impact of an investment or a business decision through the use of borrowed capital. It involves using various financial instruments or borrowed funds to increase the potential return on an investment.
Receivable management refers to the process of managing a company’s accounts receivable in order to ensure that payments are collected on time and the company’s cash flow is optimized.
The cash flow statement is a financial statement that shows the inflow and outflow of cash in a business during a specific period of time. It reports the cash generated or used by a company’s operating, investing, and financing activities.
