Profitability means having enough funds on hand to pay debts as they fall due.

Name: Profitability means having enough funds on hand to pay debts as they fall due.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profitability refers to the ability of a business to generate profits or earnings from its operations, not just having enough funds to pay debts. While having sufficient funds to pay debts is important for financial stability, it is not the only factor in determining profitability.

Profitability Means Having Enough Funds on Hand to Pay Debts