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A company can be highly profitable yet not have enough cash on hand at the right times to pay its bills. O True O False
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16 votes
16 votes
A company can be highly profitable yet not have enough cash on hand at the right times to pay its bills.

O True
O False

User Vaughan Hilts
by
3.1k points

2 Answers

18 votes
18 votes

Answer:

TRUE

Step-by-step explanation:

I would say true because a company can make a lot of money, but the products and other materials could cost money, and the employees could be getting a lot of money leading you to not have as much for the bills

User Mike Bryant
by
3.1k points
15 votes
15 votes

Answer:

true

Step-by-step explanation:

you must be self sufficient before you can provide a service

User Nell
by
2.5k points
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