Liquidity is simply: a. another term for current liabilities O b. another term for cash O c. a company's ability to pay obligations when due d. another term for non-current assets

College Accounting (Book Only): A Career Approach
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Chapter12: Financial Statements, Closing Entries, And Reversing Entries
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Liquidity is simply:
a.
another term for current liabilities
b. another term for cash
C. a company's ability to pay obligations when due
d. another term for non-current assets
Transcribed Image Text:Liquidity is simply: a. another term for current liabilities b. another term for cash C. a company's ability to pay obligations when due d. another term for non-current assets
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