... 34 How to Understand Business FinanceWe start by adding up the assets of the business. There is £3,000 cash, £30,000 owed to us by customers, and no stock. This gives us total current ... losses) to date (goes to balance sheet)1426 How to Understand Business Financecash to pay for the equipment and install it in our factory (see earlier, Figure 2.3). Now we need to recruit ... days’, as shown in Figure 2 .10. Figure 2 .10 Receiving payment on 60 days30 How to Understand Business FinanceHaving done all this, we’d better pay the bills. First, we’ll need to pay our...