InvestorsHub Logo
Followers 10
Posts 525
Boards Moderated 0
Alias Born 12/08/2014

Re: jackal228 post# 8082

Tuesday, 11/24/2015 3:39:44 PM

Tuesday, November 24, 2015 3:39:44 PM

Post# of 51615
I think, you don't know what is a ACCUMULATED DEFICIT.

An accumulated deficit does not necessarily mean a company is in financial trouble. There are some cases in which a business might have an accumulated deficit and still have a strong financial future. For example, a young, small business that has yet to generate a profit could show an accumulated deficit on its balance sheet because of start-up costs but might be rapidly acquiring new customers and increasing its revenue. One period of profit could turn its accumulated deficit into positive retained earnings.