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Explain the Difference between cash and profit
Cash flow statement shows all the cash in and cash out for the organisation for that period. It demonstrates the cash generating ability of the organisation. Income statement on the other hand shows profitability of the business during that period. Income statement is prepared using the accruals concept. This is where revenue and expenses are recognised in the period that they are incurred and not in the period the cash is received or paid. That's why you have a difference between profit andcash.
discuss the applicability of operating cycles of vegetable growing
Identification the management risk: The first and most essential aspect of risk management is recognising what events may occur within a business. It is only when all the poss
Roxanne invested $560,000 in a new business 7 years ago. The business was expected to bring in $8,000 each month for the next 26 years (in excess of all costs). The annual cost of
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What is the Modigliani-Miller's irrelevance hypothesis in dividend decision making? Critically evaluate its assumption.
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