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Short answer questions 1. What are liquidity measures? 2. What are ratios used to measure a companys ability to make its debt payments called? 3.

Short answer questions

1. What are liquidity measures?

2. What are ratios used to measure a companys ability to make its debt payments called?

3. Name two items that should be included in an RFP for a financial systems implementation.

4. Label the following as temporary or permanent tax differences:

Meals

Accruals

Entertainment

Prepaids

Penalties

5. What is a loan covenant?

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