Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the difference between Cash Flow and Profit? A. Cash Flow is the cash collected and paid in a companys core operations. Profit tracks
What is the difference between Cash Flow and Profit?
-
A. Cash Flow is the cash collected and paid in a companys core operations. Profit tracks the revenue from customers and the costs of doing business.
-
B. Profit tracks the cash collected and paid in a companys core operations. Thats why its called the bottom line. Cash Flow is the change in cash and cash equivalents from one year to the next.
-
C. Cash flow is found on the balance sheet while profit is measured on the income statement.
-
D. There is no difference, just different names.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started