Profitability means having enough cash on hand to pay bills when they become due.

Name: Profitability means having enough cash on hand to pay bills when they become due.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profitability refers to the ability of a business to generate profits over a certain period of time, not just having enough cash on hand to pay bills. While having enough cash flow is important for a business to maintain its operations, profitability also takes into account factors such as revenue, expenses, and net income.

Profitability Means Having Enough Cash on Hand to Pay Bills