Your income statement shows that, as of this month, your business is profitable. However, you are unable pay all of your bills because of a lack of cash. Is your income statement wrong? What might be the problem?

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The Answer of Your income statement shows that, as of this month, your business is profitable. However, you are unable pay all of your bills because of a lack of cash. Is your income statement wrong? What might be the problem?

Your Income Statement Shows That, as of This Month, Your