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What is solvency?
Solvency is is the ability of a business to have enough assets to cover its liabilities.
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Asked 2/18/2015 7:13:27 PM
Updated 2/18/2015 8:23:08 PM
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Edited by yumdrea [2/18/2015 8:23:08 PM]
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Solvency is is the ability of a business to have enough assets to cover its liabilities.
Added 2/18/2015 8:20:37 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [2/18/2015 8:23:10 PM]
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Questions asked by the same visitor
describe statement of cash flow
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Updated 2/19/2015 4:14:08 AM
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A statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
Added 2/19/2015 4:14:08 AM
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