Question

1) Profits are necessary for:
a) Expansion
b) Survival
c) Innovation
d) All of the above​

Answer 1

Answer:

Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.

Answer 2

Answer:

All of the above

Explanation:

hope it's help