Question: QUESTION 2 (20 marks) 2a) Explain why cash is important to a business. (6 marks) 2b) Describe in detail TWO reasons why cash and profit

 QUESTION 2 (20 marks) 2a) Explain why cash is important to

QUESTION 2 (20 marks) 2a) Explain why cash is important to a business. (6 marks) 2b) Describe in detail TWO reasons why cash and profit are often DIFFERENT figures? (8 marks) 2c) Describe in as much detail TWO ways in which you could manage Trade Receivables (6 marks)

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