Is it possible to have made a profit and have no cash?

 Is it possible to have made a profit and have no cash?

Subject   Finance Topic   Is it possible to have made a profit and have no cash?

Paper details

1- Answer Yes or No
2-Provide a reason to support your answer
3- If your answer is yes, how might you solve your problem?

COMMENT: The answer is yes.
-(You have to mention the accrual method of accounting, I think it is the main part)

SOURCES are optional no exact number is required.Preferred language style   US English

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 Is it possible to have made a profit and have no cash?

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