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Managing the Cash Generation Activity

In: Retailing Management

Author

Listed:
  • David Walters

    (European Business School)

Abstract

Cash and profit are two of the main concerns of the business. They are both important but they are different. Cash is an asset of the business which can be used to purchase goods or services. Profit is the surplus resulting from a period of trading, having deducted all business expenses from sales revenue. Profit is an accounting measurement not an asset owned by a business.

Suggested Citation

  • David Walters, 1994. "Managing the Cash Generation Activity," Palgrave Macmillan Books, in: Retailing Management, chapter 5, pages 63-75, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23488-2_5
    DOI: 10.1007/978-1-349-23488-2_5
    as

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