What does it mean to be "in the black"

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asked Jul 24, 2021 199k views

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Kheengz · Answer 1 · 2021-07-24T14:45:08+0000

The expression “in the black” is used to refer to a company’s profitability and current financial health. When a company is in the black, it has positive earnings, is financially solvent.

What does it mean to be "in the black"

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