Economics · Basic Banking and Finance
Which of the following best describes 'cash flow' in a business context?
- 1The net amount of cash and cash equivalents being transferred into and out of a business✓
- 2The gross accounting profit earned at the end of a fiscal year
- 3Money deposited as a security collateral for a bank loan
- 4Capital raised through high-risk venture capital firms
Correct answer
The net amount of cash and cash equivalents being transferred into and out of a business
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