1. Cash And Profits
... that are often confused in business studies as being the same thing, but it is important to distinguish between them if we are able to analyse businesses correctly. Simply put Cash is notes and coins either in hand or at the bank, while Profit is the difference between income and costs yet ... is unable to pay what it owes this company too could end up in an equally worse financial position. There are repercussions from such situations like businesses not being so trustworthy in the future and looking for orders and sales elsewhere and so careful management of cash in essential. Overall ...
- Word Count: 1025
- Approx Pages: 4