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Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
Edition 4ISBN: 978-0078029424Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
Edition 4ISBN: 978-0078029424 Exercise 19
You can sell your product (have revenues) without receiving any money. You can receive money (customer deposits) without having any revenue. Since revenue, expenses, and cash are so different, why should a small business owner care about the income statement
Explanation
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Revenue is the income that a business ge...
Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
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