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Why Profit does not equal Cash

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 Image (40712) image uploaded on 13-03-13

In this Conversation, I discuss the difference between Profit and Cash. This distinction is critical but understanding involves charting the relationship between the Profit and Loss Account, Balance Sheet and Cash Flow.


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In this Conversation, I discuss the difference between Profit and Cash. This distinction is critical but understanding involves charting the relationship between the Profit and Loss Account, Balance Sheet and Cash Flow.

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 Image (40712) image uploaded on 13-03-13

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