Register
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
53,640 views
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
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm
Link Copied!