What is diffrence between monthly & weekly cash flow? How it affect to the profitibility of the co. This question asked in interview i was not able to answer that. Pls help me.
1 Replies
NOUFAL
(ACCOUNTANT)
(762 Points)
Replied 11 December 2013
I dont know its actual answer, we can say the answer as the name implies " The monthly Cash flow statement shows , Cash derived and Cash outflow of that perticular month. We can make this by under making projected monthly sale and projected monthly expences for a perticular month" and weekly cash flow on week basis.
Both are affect the profitability of the entreprice because, these are tool for study cash mangament in the organistation. Better utilisation of available cash in profitable manner will get the profit
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