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

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How can a Company Show Positive Net Income but go Bankrupt?
Posted by:
SHARMIN ARA PARVIN
21-January-2022

Management

Question added by Rajesh Pandey , Head Of Treasury , Arabian Industries SAOC (Group)
Date Posted: 2013/08/17

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by Rajesh Pandey , Head Of Treasury , Arabian Industries SAOC (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 ..........

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