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bmh12e bmh12e
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Investigating liquidity is important because

▸ a company's price earnings ratio will decline.

▸ if a company cannot pay its bills on time, it will have difficulty obtaining resources needed to continue operating.

▸ GAAP requires that assets must exceed liabilities.

▸ a company needs the ability to buy long-term assets.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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daoneandonly300daoneandonly300
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bmh12e Author
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2 years ago
this is exactly what I needed
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Brilliant
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