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

Question ajoutée par Dilan Wijeratne , Senior Accountant , SICK FZE
Date de publication: 2016/01/07

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par Majiid sherazi , Internet expert , Advertisment services

It's impossible because incomestatment show net income in positiv but auditing checked it

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How is it possible for a company to show positive net income but go bankrupt?
Top Answer: Two examples include deterioration of working capital (increasing accounts receivable, lowering accounts ... Voir Plus

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A question for professional accountants: How is it possible for a company to show positive net income but go bankrupt?
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How is it possible for a company to show positive net income but go bankrupt?
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How is it possible for a company to show positive net income but go bankrupt?
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