which business is profitable? one that is filing for bankruptcy one that makes more money than it spends
which business is profitable? one that is filing for bankruptcy one that makes more money than it spends
Answer
Brief Explanations:
Profitability in business is defined by having revenues exceed costs. A business filing for bankruptcy is in financial distress and not profitable. A business that makes more money than it spends has positive net - income and is profitable.
Answer:
one that makes more money than it spends