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mckeiaila
0450-22-F-M-12-3c
serena
TOPIC QUESTION - PAPER 1
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serena
April 3, 2026 at 7:55:55 AM
May/June 2022
Version 3
5.0 Financial Information and Decisions
5.2 Cash-Flow Forecasting and Working Capital
YOUR ANSWER
profit is the sales minus the costs and it is a reward for the owner as it compensates the money and the time the owner puts in and also it is an idicator that the bussines does good and successful and it increases as the customer does a purchase wether on credit or in cash
cash is paying day to day expenses and only comes when the customer pays in cash or when recieving the credit and its the money in the company
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