Question
Matching (2 points each). Match the followings items (A F) to the appropriate description 11 16 A. Solvency B. Liquidity C. Financial flexibility D. Operating
Matching (2 points each). Match the followings items (A F) to the appropriate description 11 16
A. Solvency B. Liquidity C. Financial flexibility D. Operating capability
E. moral hazard F. transparency
______11) a companys ability to satisfy short-term obligations as they come due
______12) a companys ability to adapt to unforeseen events or opportunities
______13) timely, meaningful and reliable disclosure about a companys performance
______14) a companys ability to satisfy long-term obligations as the come due
______15) a companys ability to continue to operate as they have in the past
______16) results from the agent/principal relationship between managers and owners.
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