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A company will stay solvent by ensuring that all . . . A . current assets exceed current liabilities. B . cash obligations can be
A company will stay solvent by ensuring that all
A current assets exceed current liabilities.
B cash obligations can be met by a combination of investment liquidity, funding sources and contingent liabilities.
C current assets are converted into cash in order to pay the current and longterm liabilities of the organisation.
D assets are converted into money without loss of value.
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