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1. Liquidity: What does liquidity measure?Explain the tradeoff a firm faces between high and low liquidity levels? 2. Accounting and Cash Flows:Why might the revenue
1. Liquidity: What does liquidity measure?Explain the tradeoff a firm faces between high and low liquidity levels?
2. Accounting and Cash Flows:Why might the revenue and cost figures shown on a standard income statementnot be representative of the actual cash inflows and outflows that occurred during a period?
3. Cash Flows from Assets: Suppose a company's cash flow from assets is negative for a particular period.Is this necessarily a good sign or a bad sign?
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