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Text Module 4 6. a) What is liquidity? Identify and discuss two ways to measure a companys liquidity. Describe the ratios and implications of their
Text Module 4
6. a) What is liquidity? Identify and discuss two ways to measure a companys liquidity. Describe the ratios and implications of their results.
b) What is solvency? Identify and discuss two ways a companys solvency is measured. Describe the ratios and implications of their results.
Module 6
8. a. What is depreciation?
b. What estimates are included in the depreciation calculation?
c. How might a company affect its depreciation expense computation by selecting useful life and salvage value?
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