Difference between Profitability and Liquidity?

Answer

Profitability refers to the amount of revenue gained when a business entity exceeds in revenue the amount needed to sustain it in terms of expenses, costs, and taxes. Liquidity refers to the availability of liquid, or cash, assets of a given business entity. The difference can be phrased in terms of profit versus assets.
Q&A Related to "Difference between Profitability and Liquidity..."
Liquidity is how quickly an item can be converted to cash to pay a debt or make profit. Profitability is generally how much of a profit it will make. So the difference is liquidity
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State and local legal statutes and regulations consider the terms "nonprofit" and "not-for-profit" synonymous. According to the IRS, "not-for-profit"
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Accounting Profits. Let us first see why Financial statements Including statement of profits are drawn on periodical basis. It is for the benefit of stakeholders. What is the periodicity
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Profitability means that you earn more than you spend. Liquidity means how well you can pay you short term debts.
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