What is the difference between profit and cash flow?
Cash flow is all the money flowing in and out of a business. This is calculated at the exact time actual cash enters or leaves a business bank account or till. Profit is calcuated by calculating ALL transactions flowing in and out of the business (either at that point in some point in the future e.f rent) Profit is therefore the surplus after all expenses are deducted from revenue.
SP
Related Business Studies A Level answers
All answers ▸To what extent is training the most important factor when trying to improve labour productivity?
Who are the key players in the world economy?
What is meant by horizontal and vertical integration and how can they profit a firm?
Evaluate the various methods of financing business