Profit or cash?
Question 5
A loan has reached its expiry date. The company pays a total of € 1,500. The loan repayment is € 1,100. The interest is € 400.
How does this impact profit and cash?
How does this impact profit and cash?
Vera Smets
Alfons Verdijckstraat 66
2900 Schoten
Belgium
BTW BE0454277427
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