what does it mean to be in the red?
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Hello friend,
Being in red means being in dangers. As the colour red is an indicator for danger.
Hope it helps..
Being in red means being in dangers. As the colour red is an indicator for danger.
Hope it helps..
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What Does It Mean When a Company Is in the Red?
From an accounting perspective, your income statement shows whether a business is in the green, black or red. Green means you have an operating profit, black means you are around break-even and red means you don't have enough revenue to meet operating expenses.
From an accounting perspective, your income statement shows whether a business is in the green, black or red. Green means you have an operating profit, black means you are around break-even and red means you don't have enough revenue to meet operating expenses.
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