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- Study guides, Class notes & Summaries
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What does accounts receivable mean? - ANSWERMoney that is owed to a business
What does accounts payable mean? - ANSWERMoney that a business owes to others
What are considerations for cash flow when running a business?
(7) - ANSWER(1) Accounts receivable
(2) Accounts payable
(3) Cyclical or seasonal income
(4) Inventory management
(5) Taxes
(6) Insurance
(7) Retirement benefits
What are ways to establish good credit? (9) - ANSWER(1) Paying bills on time
(2) Establishing regular ...
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