I'll just write A period, so I don't have to write the whole thing.

So let me show you that right over here...

So over here you had another liability.

How many shall we buy Chef?

And the only liability that Ben's shoe company had was this 5,000 in accounts payable...

You've increased this liability that you owe things to other people.

Increasing the Accounts Payable is allowing us to not use all of our cash

I'm only going to pay you 100 now and I'm going to give you 100 later

Accounts Payable is a liability

You wrote a market requirements document then engineering shut their doors, rolled up their sleeves, and went into waterfall engineering, which we'll describe a little later.

But it's a source of cash because we don't have to use our own cash.

An African economy can be broken up into three sectors.

Our profit in the first period is 30,000.

I mean, I have a beautiful house and beautiful clothes and all the beautiful money that money can buy.

Departmental

More than 80 percent of Ivory Coast's development went into the modern sector.

Let's go back to Nigeria.

Leave your money on the table.

Fasten the gate.

Lock the gate.

In fact for 30 40 years this was the canonical model for how to build startups and we'd say marketing, well, we understand.

Don't buy things on credit.

Yes, and that's a lot of money.

All right, you cannot develop Africa by ignoring the informal and the traditional sectors.

Fraud Department

Trixie. Section Research and Development.

Aft cannons are down!

The manufacturing sector is a frenzy over the new monetary policy.

So we must.

Accounts Payable

Because when it asked its staff, all its staff, to place their bets on whether they thought the store would open on time or not, a group from the finance department placed all their chips on that not happening.

'Cause it's a lot of money.

There is the modern sector, there is the informal sector and the traditional sector.

One idea.

As a matter of fact, we neglected the informal and the traditional sectors.

I came to buy goldfish.

Pistols.

I forget to tell you, I was state champion in skeet.

It's a double helix.

That's engaging in the wrong debate.

I will try to do proportional to the size so that right over there, that is the accounts payable the five thousand dollars. they both have that on the liability size now where they really diverge so this is the same amount 5 thousand dollars it should be about 1 4 of the size its not exactly how I've drawn it but where they really diverge is that Jason

Plus q of x of t, y of t, times the component of our dr.

So you have an Accounts Payable liability of 100 sorry, at this point we had no Accounts Payable liability and then after the end of the month we have an Accounts Payable liability of 100.

The only way I could afford it is with the nice, fat bonus they gave me at my last job.

Those are accounts receivables.