Right now, I'm cash flow negative.

What is a discounted cash flow?

Companies that have really good cash flow.

That's all a discounted cash flow is.

So most cash flow statements, they'll start so I'm going to do a cash flow statement right over here

But you're still kind of cash flow negative.

Lechero's getting pretty sensitive about the cash flow.

And the cash flow will come back to it.

And on the cash flow statement you express that saying

And frankly, what we're learning here is a discounted cash flow.

And that reconciliation is going to be done with the cash flow statement.

Cash? Cash.

Now remember, the cash flow statement is really a way of reconciling the profit with the starting and the ending cash.

They make you pay more in withholding just to help their cash flow out.

Now, equity might not make a lot of sense to you right now, because I'm just saying, well, my equity is equal to my cash. in general, equity is just what you own.

You can sell equity in the firm and get some more cash to pay off this loan.

I take your dirty money and I slip it into the salon's nice, clean cash flow.

So an increase in accounts receivables is actually less cash than you would have otherwise gotten so this is negative 400 for your cash flow.

That's cash. Non cash assets.

So equity.

Equity tranche.

That's equity.

Cash?

Cash!

Cash.

Cash.

Cash.

And I'll show you that you can actually turn it into cash using something called a home equity loan.

If I just enter into some transaction where I get cash in exchange for debt, my equity shouldn't change.

Flow

Flow

Flow?

Flow.

It has 4 billion of cash, 4 billion of liability, it could pay off its liability with that equity infusion.

That's my equity.

liabilities plus equity.

This was equity.

left for equity.

liabilities plus equity.

What's my equity?

That's my equity.

liabilities plus equity.

That's my equity.

Cash, 500,000.

In cash.