... much the same way. We will call it the business cycle. They produce and deliver a product or service, they invoice the customer, they pay their bills, they get paid by their customers, and they ... Step 5 What we have (Assets) :Start business Buy equipmentBuy stockSell 5 units for 20Customer paysCash 30 25 13 13 33Equipment 5 5 5 5Stock 12 2 2Owed by customers 20 0Total 30 30 30 40 ... t, shown in Table 2 .5. We have seen that cash and profi t are not the same, but do they change at the same time, and in the same way? Well, let’s look at the 25 The Business Cycle they are the...