Does that mean that you are down in profits?
2006-11-26 10:51:37 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
in accounting terms, red means that the company is in the negative or loss could be over a certiain time period or overall, just depends...hope that helps
2006-11-26 10:57:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Down financially, where is to be found...could be several areas. Red is negative; black is profit.
2006-11-26 18:55:28 · answer #2 · answered by Patches6 5 · 0⤊ 0⤋
In accounting, red indicates a loss. So a business 'in the red' is losing money.
2006-11-26 18:54:55 · answer #3 · answered by dryadsdad 2 · 1⤊ 0⤋
a new busniss is running in the red untill it makes enough money to pay back or replace all of the initial costs of getting started. an existing buss. is operating in the red if the cost of operating the buss. cost more money than the buss. brings in or makes.
2006-11-26 19:14:18 · answer #4 · answered by kelok 1 · 0⤊ 0⤋