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

أفضل جواب:  Two examples include deterioration of working capital (increasing accounts receivable, lowering accounts ... الإطلاع على المزيد

أفضل جواب: If assets were assessed on the basis of historical value if it is greater than the current value الإطلاع على المزيد

أفضل جواب: Due to some reasons like the following :- 1) Increase in Accounts Receivable (AR) 2) Decrease in Accounts ... الإطلاع على المزيد

أفضل جواب: It's impossible because incomestatment show net income in positiv but auditing checked it الإطلاع على المزيد