The biggest surprise to me in this reading was the John Wheatman expense and operating budgeting example. It surprised me that repairs are labeled as relatively stable and a fixed expense.
It confused me when the author said that the cash flow statement is also know as "the statement of cashflows". They basically sound like the same exact thing.
I would ask the author what is the best way to discontinue a relationship with an unprofitable customer. I would ask him this because in business, there are many time when you must cut loose ends. I would also ask the author for some more tactics to use for good cash flows in a declining economy. I would ask him this because it would be helpful to know when the economy starts to decline.
I did not disagree with anything the author had to say in this reading.
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