In Order to Sustain Operations, a Firm Must Have Positive

question 175

True/False

In order to sustain operations, a firm must have positive cash flows from operating activities over the long run.

---

Definitions:

Party In Breach

The individual or entity that fails to fulfill their contractual obligations, thus violating the agreement.

Sales Contract

An agreement between a buyer and seller outlining the terms and conditions of the sale of goods or services.

Risk Of Loss

The possibility that an asset or investment's value will decrease or will be irretrievably damaged or lost.

Insurance Coverage

A contractual agreement where an individual or entity receives financial protection or reimbursement against losses from an insurance company.