The term "cash build" as used in Chapter 5 is equal to net sales minus the change in receivables.

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Cash build is equal to net sales minus the change in receivables because it represents the amount of cash that a company has generated from its operations during a period. Net sales are the total sales of a company, while the change in receivables is the difference between the beginning and ending accounts receivable balances. If a company has a positive cash build, it means that it has generated more cash from its operations than it has used to increase its accounts receivable.

The Term "Cash Build" as Used in Chapter 5 Is