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 rsquo x equity xxxx to xx checked xxxx the xxxxx of xxx key xxxxxxxxxxxxx between xxx financial xxxx like xxx liquidity xx the xxxxxxxx profit xxxx by xxx business xxx efficiency xx the xxxxxxxx also xxxxx to xx checked xxx calculated xxxxxx result xxxx includes xxx budget xx the xxxxxxxx will xxxx to xxxx an xxx on xxx maintain xxx financial xxxxxxxx of xxx business xx keep x check xx the xxxxxxxxx position xx is xxxx important xx review xxx cost xx the xxxxxxxx of xxx business xx is xxx necessary xxxx if x small xxxx is xxxxxxxxxx well xxxx it xxxx not xxxx This xx because xxxxxxxxx the xxxxxx earned xx the xxxx is xxx in xxx form xx cash xx is xxx to xxx name xx the xxxx or xxx to xxx owner 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 profit xxxxMore Articles From Business Management
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