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List and explain the importance and innovations of the Florentine bankers.
Operating Activities
Business activities related to the day-to-day functions of a company, including production, sales, and administrative tasks.
Free Cash Flow
The amount of cash generated by a business after accounting for capital expenditures, essential for assessing the company's liquidity, flexibility, and overall financial performance.
Accounts Payable
The amount a company owes to suppliers for items or services purchased on credit.
Accrued Liabilities
Liabilities that have been incurred (i.e., they represent obligations) but have not yet been paid or recorded through the normal invoicing process.
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