Is it possible for a business to be solvent but not profitable? Why or why not?


Solvent is when your able to reach an amount to pay off our bills or payments. Not for profit is when all you money goes to a charity or you would donate it to an place. Yes it is possible for a business to pay their bills but still not profitable because your only giving a part of your money away to a charities or donation. You still be able to get money to pay off all your bills but still be able to pay your rent or an other type of bills. if not the people would pay off your bills or payments it just depends on what your supporting.