hi, can someone help me translate these terms: cash flow, income statement and financial statement?
"cash flow: cash flow is very diferent form profit and for small businesses, much more important
income statement: the main differnece between a cash flow and an income statement is timing. The former is a more accurate barometer of cash on hand at any particualr moment.
balance sheet: this the financial statement that bankers focus more on because it offers the most revealing clues about basic business..."