Income Statement vs. Cash Flow Statement: Which One Should I Use?

Your accountant has presented you with an up-to-date set of financial statements, and among the statements are an income statement and a cash flow statement. One of the purposes of financial statements is to provide you, the owner or manager, with relevant information on which to base important business decisions.

https://www.legalzoom.com/articles/income-statement-vs-cash-flow-statement-which-one-should-i-use



Comments

Post a Comment

Popular posts from this blog

The Weight Game

Image
Well I wonder what Coach Prime is doing this morning.  He's got a national championship to win and he's got a lot of competition.  I want to start following the Virginia Tech wrestling team a little bit closer too.  I'll ask conspiracy Joey if we can bet on collegiate wrestling.  Betting is something that I  have never been interested in but I find it interesting that Zach and Joey and others seem pretty dead sure that the entire thing is rigged.  And when it comes down to an argument when I was a kid it was always settled by a bet. If you ever got in a sports argument with another kid it would always come down to ok  let's bet.  And that pretty much was the end of the argument until the last second clicked off of the clock.  As soon as the bet is placed now it's time to go to work.  Hit the weight room, run your practice plays, watch your diet, read good books, get plenty of rest, don't go out and rob a liquor store on Friday night.  Coach Prime likes to coach
Read more

Vaccine passport.

Well the vaccine passport crowd is back in full force at my house again.  Telling me I got to take the jab or I lose the job.  Well I may just take it.  Just like paying all of the money I make from the job to the IRS.  Men have had tougher lives than me throughout history no doubt.  Pastor Spell had a tough go of it.  Rodney Howard-Browne would tell me to tell them to take a hike.  Coach Prime got his and makes all his players take it too or they don't play. So probably I'd say 50, 60, 70 percent of Americans have taken the jab.  So why not just take it and keep the job.  Thirty or forty years from now or maybe sooner I'll have moved on to the next life anyway.  What remains to be seen in this life probably doesn't matter a whole lot as long as I believe in Jesus Christ.  Father, son, and holy spirit.  Only thing that matters.  God bless America.
Read more
Image
From the desk of Doug Kenline. Don Trump gets out of bed every morning just like everybody else I suppose. I guess this morning he might be looking at his calendar and thinking about his upcoming presidential bid.  Then he will check his email and surf around on Truth Social for awhile.  Probably took a big poop and got on the scale before he choked down an extra large breakfast burrito at the Mara Largo outdoor patio in south Florida. Up north in Talahassee Ron Desantis does bascially the same thing. Warren Buffet does the same. Joe Biden is probably still in bed breathing through his oxygen mask.  Jill probably sleeps in another room with some of the hired help. I like how the LIV is taking on the PGA.  Trump tried to take on the NFL back in the day.  Don't know if he made any money or lost any money.  Doesn't seem to have hurt him too bad.  He made good friends with Herschel Walker bringing him on board with the New Jersey Generals.  Now Hershel stands to become a united Sta
Read more