Explain difference between profit and cash for the company

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Reference no: EM131496756

Question: 1. How is profit measured?

2. Explain why profit is different from cash. Look up any company report on www.carol.co.uk and see if you can explain the main difference between profit and cash for the company.

3. What does a balance sheet tell us about an organisation? What can you discover about the activities of BASF (www.basf.com) from the balance sheet?

Reference no: EM131496756

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