Top Posters
Since Sunday
7
2
2
1
o
1
New Topic  
Katseye Katseye
wrote...
Posts: 21
Rep: 0 0
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
Textbook 

Business in Action


Edition: 9th
Authors:
Read 13 times
1 Reply
Replies
Answer verified by a subject expert
elixy19elixy19
wrote...
Posts: 37
Rep: 0 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here
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.

1

Related Topics

wrote...
Posts: 21
Credits: 8

2 months ago
Brilliant
wrote...
Posts: 135
Credits: 175

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mcb
wrote...
Posts: 76
Credits: 40

2 hours ago
Smart ... Thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  115 People Browsing
 265 Signed Up Today
Related Images
 193
 45
 9
Your Opinion
Do you believe in global warming?
Votes: 326