Question
True or False If the cash is sufficient to operate the business, and a profit is being made; the revenue can contribute to the solvency
True or False
If the cash is sufficient to operate the business, and a profit is being made; the revenue can contribute to the solvency of the organization.However, if the liquidity and profitability are not sustaining, then that renders solvency to the obvious.
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
