What you mean by liquid liability
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Liquid liabilities are debt obligations which a firm has to pay within a year. These liabilities are calculated by deducting the amount of bank overdraft and cash credit facilities (these must be excluded only if they become a permanent mode of financing) from total amount of current liabilities.
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Liquid liabilities are debt obligations which a firm has to pay within a year. These liabilities are calculated by deducting the amount of bank overdraft and cash credit facilities (these must be excluded only if they become a permanent mode of financing) from total amount of current liabilities.
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