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Monday, November 7, 2011

Opening Activity


Is it possible for a business to be solvent but not profitable? Why or why not?

Solvent is being capable of meeting financial obligation.
not profitable is loss-making, unprofitable.
Solvency is always a primary issue for the owner or chief financial officer of an on-going business. But it is a concern that goes well beyond the bean counters. It can also have a major impact on acquisitions, divestitures, payments to shareholders, reorganizations, tax filings, and other financial transactions.
it is possible fore a business to be able to meet the financial obligation for a not profitable business, it an be supported by some strong economy company, or can get their profit from donations.

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