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Transactions cash balances
Plus Accounts receivable
Plus Inventory
Plus Other operating current assets (e.g., prepaid expenses)
Less Accounts payable
Less Taxes payable
Less Other operating current liabilities (e.g., accrued expenses)
This formula is used to calculate operating working capital.
Verbal
Pertains to the use of words in communication, often involving spoken language.
Transactional
Occurring simultaneously.
Transactional Messages
Communications focused on facilitating, completing, or confirming a commercial transaction.
Encoded
The process of converting information into a particular form or code, often for the purpose of secrecy, efficiency, or data transmission.
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