Michaelbanjo6 Michaelbanjo6

09-11-2020
Business

contestada

Is profit the same as cash flow?

Respuesta :

2612rashi 2612rashi

09-11-2020

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

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