Accountancy, asked by SwagTerrific, 8 months ago

Six differences between Liquidity and Solvency (12)

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Answered by DARINGxDAVIL
0

Answer:

Liquidity refers to both an enterprise's ability to pay short-term obligations and a company's capability to sell assets quickly to raise cash. Solvency refers to a company's ability to meet long-term obligations

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