Question

WHAT IS THE TERM USED FOR AN ORGANISATION THAT IS PROFITABLE?
A) IN THE BLACK B) IN THE RED C) IN THE BLUE
D) IN THE WHITE

Answer 1

The term used for an organisation that is profitable is 'in the black'.

* It indicates the present financial condition or stability of a company.

* It is a situation such that the company incurs profit after meeting all its expenses, i.e. earnings are positive.

* Red and black are the two colours indicating a company's profitability, where red stands for negative profitability whereas black stands for positive profitability.

* Similar trend is followed in case of individuals as well.