Cash Expenses Flashcards
What’s a non-cash expense?
An operating expense on the income statement that does not require cash outlay
An operating expense on the income statement that does not require cash outlay
What’s a non-cash expense?
An example of a non-cash expense?
A depreciation expense
A depreciation expense
An example of a non-cash expense?
What happens when a business buys a long-term asset?
The amount spent to buy that asset is not expensed the same way as a rent expense/cost of raw materials
The amount spent to buy that asset is not expensed the same way as a rent expense/cost of raw materials
What happens when a business buys a long-term asset?
Why does operating income differ from operating cash flow?
Non-cash expenses
Non-cash expenses
Why does operating income differ from operating cash flow?
