A company is said to be liquid if it has sufficient cash to pay currently maturing debts.

Name: A company is said to be liquid if it has sufficient cash to pay currently maturing debts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liquidity refers to the ability of a company to meet its short-term obligations. If a company has enough cash or assets that can be easily converted into cash to cover its current debts that are due for payment, then it is said to be liquid.

A Company Is Said to Be Liquid If It Has