Liabilities
Debts a business incurs that are expected to result in future negative cash flows to the firm. For example, salaries and tax liabilities. Can also include an assessment of net risk items (e.g., bad debts).
Debts a business incurs that are expected to result in future negative cash flows to the firm. For example, salaries and tax liabilities. Can also include an assessment of net risk items (e.g., bad debts).