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Priya's Bookshop (PB)
Priya applied for a grant to start up Priya's Bookshop (PB). Part of her grant application included a cash flow forecast. Priya's grant application was successful and she opened PB well aware of the need for both cash and profit.
Explain the difference between cash and profit (line 23).
9609/21/M/J/22Cambridge International AS & A Level Business 9609 · May/June 2022 · Paper 2 variant 1 · Question 1(a)(ii)
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Suggested time: 5 min