What are four likely causes and two likely consequence of a cash-crunch
Chapter1: Financial Statements And Business Decisions
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What are four likely causes and two likely consequence of a cash-crunch .
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Lets understand the basics.
Cash crunch arise when cash inflow is lower than cash outflow. In other word it arise when liability of payment arise but cash in not in hand to make a payment.
There are numerous reason for cash crunch arise and consequnces of it. which can be threatful for the business.
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