Businesses need to make a profit. Profit provides capital for expansion and a return on their investment to the owners
Posted: Sat May 07, 2022 7:43 pm
Businesses need to make a profit. Profit provides capital for expansion and a return on their investment to the owners of the business. Do businesses also need to generate cash? Can a business be profitable and yet run out of cash? What is characteristic of a business that generates lots of profits but doesn't have enough cash to operate.