If a firm is making profits, it is impossible for that firm to fail financially.

Name: If a firm is making profits, it is impossible for that firm to fail financially.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Making profits does not guarantee a firm's financial success in the long term. If a firm does not manage its finances effectively or if it faces unexpected economic downturns, it can still experience financial failure despite its past profitability.

If a Firm Is Making Profits, It Is Impossible for That