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Katseye Katseye
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2 months ago
What is a company faced with when it doesn't have enough cash to meet short-term needs?

▸ Strong economic order

▸ Poor risk/return trade-off

▸ Becoming highly leveraged

▸ Liquidity crisis

▸ High accounts receivables
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Business in Action

Business in Action


Edition: 9th
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elixy19elixy19
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Liquidity crisis

Companies that don't keep a close eye on cash flow can find themselves facing a liquidity crisis, having insufficient cash to meet their short-term needs. In the worst-case scenario, a firm in a liquidity crisis finds itself in a credit crisis, too, meaning it doesn't have the cash it needs and can't borrow any more.
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Katseye
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2 months ago
Brilliant ツ
einstein
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mcb
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Smart ... Thanks!
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