The ability to pay bills when due and to meet unexpected needs for cash most closely describes
a. cash flow adequacy.
b. long-term solvency.
c. liquidity.
d. profitability.
C
Business
You might also like to view...
Goals of crisis management include all of the following EXCEPT:
A) terminate the crisis quickly. B) limit damage. C) build a case for blame. D) restore credibility.
Business
The risk structure of interest rates is
A) the structure of how interest rates move over time. B) the relationship among interest rates of different bonds with the same maturity. C) the relationship among the terms to maturity of different bonds. D) the relationship among interest rates on bonds with different maturities.
Business