anyone have a shortcut to memorise the drags and pulls?
easy.
Drags are delay and slowing in cash inflows
While pulls are accelerating cash outflows.
Think of pull as something sucking out the cash from a corps.
Link up the concept to a vacuum cleaner lol.
It’s a “drag” that people delay and slowly pay.
Drags has R in it… receipts/receivables
Pulls have L in it… liabilities or outflows.
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