During the first couple of years, HTEYL only generated about $10,000 a year in profit. But after continuously expanding and revising the book, profits have grown by 5X. Sure, you're not living it up on $50,000 a year before tax. You can't even comfortably take care of a family of...
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Then move on to the additions and subtractions of the cash section. For this section, you’ll need to enter figures for depreciation and amortization as calculated for your business. You’ll then enter figures for subtractions from cash, which includes increases in accounts receivable and invento...