Financial Stability Of The Enterprise As An Opportunity To Ensure Competitiveness

Abstract:

The concept of sustainability in the economy is addressed to the enterprise in rare cases. The stability of the enterprise will be sufficient to meet the requirements of the state, suppliers, creditors, employees and other entities for the production and provision of services. After the completion of all settlement activities and fulfillment of all obligations necessary for the development of the enterprise, there should remain a part of the profit that will allow the further development of production, modernization of its material and technical base, improvement of social conditions, etc. In addition, the overall stability of the enterprise provides for the movement of cash flows, ensuring a constant excess of income from expenses.

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