10 sats \ 2 replies \ @nerd2ninja OP 4 Dec 2023 \ parent \ on: El Salvador is NOT in the Green lel bitcoin
The word "green" doesn't even show on the investopedia page I linked, and especially no distinction is made between being in the green vs in the black like you have asserted.
i probably messed up.. Its not on investopedia...
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.
You get this from other sites, but those are not very solid references.
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let me try to find the reference..
i probably got it from other page and messed up.. let me look into my recent pages.