We can say that the business is in profit when-13613
We can say that the business is in profit, when:
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.2.
We can say that the business is in profit, when:
Assets exceed Expenditure
Assets exceed Liabilities
Income exceeds Expenditure
Income exceeds Liabilities