Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How is it possible for a company to show positive net income but go bankrupt?

user-image
Question added by Rajesh Pandey , Finance Head , Travel Point LLC & Travel City LLC (Group)
Date Posted: 2013/08/17
Rajesh Pandey
by Rajesh Pandey , Finance Head , Travel Point LLC & Travel City LLC (Group)

Income of company doesnt means that it has sufficient cash flows to cover up its finacial requirements it may be possible that companies fund are stuck up in recivables and hence not able to its liabilities ..........

 

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.