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Your conclusion is wrong. A profit is a realized financial gain. In a given period, income surpassed expenses. A business failure is a business that has faile
by ckastner 9y ago
Your conclusion is wrong.
A profit is a realized financial gain. In a given period, income surpassed expenses.
A business failure is a business that has failed, it has ended.
A lack of profit can lead to failure, but in no way implies it.