Which of the following is not correct about the negative cash flows? O a. You cannot cover your expenses from sales alone O b. When your business has more outgoing than incoming money O . You do have cash on hand to cover expenses O d. You can't sustain a business with long-term negative cash flow

Which of the following is not correct about the negative cash flows? O a. You cannot cover your expenses from sales alone O b. When your business has more outgoing than incoming money O . You do have cash on hand to cover expenses O d. You can't sustain a business with long-term negative cash flow

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter5: Income Statement: Reporting The Results Of Operating Activities

Section: Chapter Questions

Problem 10Q

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Question

Which of the following is not correct about the negative cash flows?
a. You cannot cover your expenses from sales alone
O b. When your business has more outgoing than incoming money
O C. You do have cash on hand to cover expenses
O d. You can't sustain a business with long-term negative cash flow

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