Question: Describe the difference between profit and cash. What are the differences between cash from opera…

Question:

Describe the difference between profit and cash.
What are the differences between cash from operating
activities, cash from investing activities, and cash from financing
activities?

Expert Answer:

Profit refers to the excess of
revenue over expenses.
Revenue refers to the money
generated by selling goods or services for cash or
credit.
Expenses refer to the money spent
to generate revenue.
The main difference between Profit
and cash is that

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