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Why can a profitable business still be unable to pay a bill today?
A
Profit is available immediately; cash may not have been received.
B
Cash is available immediately; profit may not have been received.
C
Revenue is available immediately; costs may not have been paid.
D
Cash is only available after sales; profit is always received immediately.
Card 1 of 30
6.2.1 Importance of cash and cash flow Flashcards
30 flashcards on AQA GCSE Business 6.2.1 Importance of cash and cash flow: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.