Going Concern definition explanation

What is Going Concern?
A term for a company that has the resources needed in order to continue to operate indefinitely. If a company is not a going concern, it means the company has gone bankrupt.

Also known as “”Going Concern Value”". Read more for examples and further explanation including related video clips and also comments

Example explains Going Concern
In other words, this refers to a company’s ability to make enough money to stay afloat or avoid bankruptcy. For example, many dotcoms are no longer going concern companies.

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