Cash Rules: Learn & Manage the 7 Cash-Flow Drivers for Your Company''''''''s Success 3 docx

... 800-280 -71 65; for information about volume discounts, call 202-8 87- 6 431 . kiplinger’s business management library bill mcguinness bill m cguinness learn & manage the 7 cash - flow drivers for your company ’ s ... 2000 Introduction learn & manage the 7 cash - flow drivers for your company ’ s success bill mcguinness KIPLINGER BOOKS Washington,...

Ngày tải lên: 20/06/2014, 18:20

... future. The projected values of the cash drivers are used to teach a method for building the forecasted peri- ods’ cash- flow statements. Chapter 13 goes beyond the cash- driver assumptions and the ... besides these seven, these are the drivers, and they are the drivers because imbedded within them are the core issues and rela- tionships of the enterprise. As we...

Ngày tải lên: 20/06/2014, 18:20

... realities. Other Cash- Flow Formats In addition to the cash- adjusted income statement represented by the UCA (Uniform Credit Analysis ® ) cash- flow-statement format, there are two other generally ... activities Cash from sales $33 ,506, 676 Cash production costs (28 ,79 4 ,38 8) Cash operating expenses (3, 186,992) Interest expense, net (544,082) Taxes paid (31 ,34 6) Misc. c...

Ngày tải lên: 20/06/2014, 18:20

... for a Closer Look at the Cash Drivers A s we begin to look at the cash drivers one by one, remember that although these are not the only things that affect cash flow, they are the drivers. For ... fuel? If the net -cash income line on the UCA cash- flow statement is positive, the answer is yes. The same is true of the net cash from operations lines on th...

Ngày tải lên: 20/06/2014, 18:20

... listen to the cash- flow words without hearing the cash- flow message. For many people in senior management, there is still an essential conflict between what they hear and what their gut tells them. ... again on the other six cash drivers for the new combined entity. If you are still paying dividends, you may want to drop them if at all possible. This will free some cash...

Ngày tải lên: 20/06/2014, 18:20

... are usually the ones that have the least- immediate impact on the success of the firm. Unfortunately, they are often the cuts that will do the most long-term damage. Consider training, for example, ... out the cash that is, make the expenditure. This difference is at the heart of the cash- versus-accrual dif- ferential. Other things being equal, the more you can...

Ngày tải lên: 20/06/2014, 18:20

... because the firm has not internalized the cash- flow concept and the cash- driver mindset. Cash- flow issues and cash- driver thinking are part of everybody’s respon- sibility. As they were at the Williams ... color or the hi-tech toy that has been replaced by the multigigabyte, whiz-bang model. As with every other dimension of the business, the right information at the...

Ngày tải lên: 20/06/2014, 18:20

... __ Gross margin % 48 47 46 43 __ __ __ (excluding depreciation) SG&A % 37 38 39 40 __ __ __ (excluding depreciation) Cushion % 11 9 7 3 (GM-SG&A) A/R in days 29 31 31 31 __ __ __ Inventory ... Summary (percentages of sales) ’01 ’02 ’ 03 Check printing 24 .7% 21 .7% 18 .3% General printing 17. 6 17. 0 16.4 Franchise MICR 1.4 5.0 9.0 Companywide gross margin 43 .7 43 .7...

Ngày tải lên: 20/06/2014, 18:20

... ’ 03 Sales growth % 2 2 1 3 9.9 19 .3 24.5 Gross margin % 48 47 46 43 43 .7 43 .7 43 .7 (excluding depreciation) SG&A % 37 38 39 40 39 .6 37 . 6 35 .8 (excluding depreciation) Cushion % 11 9 7 3 4.1 ... payables 139 ,229 33 2,8 03 411, 631 Cash production ( 23, 664,022) (28, 276 ,0 53) (35 ,2 27, 250) costs Gross cash profits 18,098, 479 21,401,101 26 ,3 37 , 8...

Ngày tải lên: 20/06/2014, 18:20

... 24 balance sheets, 33 , 34 - 37 , 40, 42- 47, 51, 70 -72 , 81, 156-1 57, 172 - 174 , 176 , 177 , 195-196 cash- based, 9-10 equation, 34 -36 income statements, 33 , 36 -38 , 42- 47, 49, 51, 54-55, 81, 156, 172 - 174 matching ... 15, 22, 36 , 41, 44, 66, 74 , 75 , 145-150, 171 , 2 07 accounts receivable, 15, 22, 36 , 65-66, 74 -75 , 121-129, 170 , 192, 2 07 capital expendit...

Ngày tải lên: 20/06/2014, 18:20