Question.2161 - A business's financial position is not static. Assets and liabilities fluctuate every time a product is sold.What things should you look for when you look at the changing financial position in a smallbusiness? What items should you look for in your particular business? It has been said: "if a small firm is making a profit, there is no danger of its failing." Do you agree or not? Why?
Answer Below:
To xxxx the xxxxxxxx financial xxxxxxxx of x small xxxxxxxx it xx important xx understand xxx know xxx value xx a xxxxxxx For xxxx the xxxxxxxxx statement xx a xxxxxxxx is xxxxxx into xxx financial xxxxxxxxxx including xxx income xxxxxxxxx balance xxxxx statement xx changes xx financial xxxxxxxx and xxxxxxxxx of xxxxxxx in xxxxx s xxxxxx need xx be xxxxxxx Even xxx ratio xx the xxx relationships xxxxxxx the xxxxxxxxx data xxxx the xxxxxxxxx of xxx business xxxxxx made xx the xxxxxxxx and xxxxxxxxxx of xxx business xxxx needs xx be xxxxxxx and xxxxxxxxxx Actual xxxxxx that xxxxxxxx the xxxxxx of xxx business xxxx help xx keep xx eye xx and xxxxxxxx the xxxxxxxxx position xx the xxxxxxxx To xxxx a xxxxx on xxx financial xxxxxxxx it xx also xxxxxxxxx to xxxxxx the xxxx of xxx projects xx the xxxxxxxx It xx not xxxxxxxxx that xx a xxxxx firm xx performing xxxx then xx will xxx fail xxxx is xxxxxxx sometimes xxx profit xxxxxx by xxx firm xx not xx the xxxx of xxxx It xx due xx the xxxx of xxx firm xx due xx the xxxxx s xxxx of xxx firm xxxx if xxx products xx any xxxx are xxxxxxx a xxxx amount xx sales xx does xxx guarantee xxxxxx This xx because xx depends xx the xxxxx the xxxxxxxx are xxxx at xx they xxx sold xx the xxxx price xx low xxxxxx then xxx firm xx not xxxxxxx any xxxxxx Another xxxx is xxxx the xxxxx amount xxxxxxxx from xxx products xxxx can xx considered xx profit xxx then xx should xx visible xx the xxxxx of xxxxxxxx only xxxx it xxxx be xxxxxxxxxx profit xx bills xxx not xxxxxxx as xxx cash xxxx is xxxx for xxxxx assets xxxx the xxxx is xxx running xxxx profitMore Articles From Business Management