Question
The _________ of a business firm is measured by its
ability to satisfy its short-term obligations as they become due.Solution
Liquidity refers to the ability of the firm to pay off its current liabilities (or short term obligations) as and when they fall due.
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The ratio of the rate of filling of two taps A and B is 3:2, respectively. If working together they can fill 3/4 of a tank in 18 minutes, how long will ...
Tap βAβ and tap βBβ can fill a tank in 40 hours and 36 hours, respectively. If both taps are opened together, then find the time after which tap...
Pipe βPβ and pipe βQβ together can fill an empty tank in 18 hours while pipe βQβ and pipe βRβ together take 12 hours to fill the same ta...