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Solvency

LLeah7y ago
What is solvency of a company?
John MoffatJohn MoffatTutor7y ago#1
It is a measure of how easily the company is able to pay its bills. (If a company is not solvent (i.e. insolvent) then it means it is about to go bankrupt - that is owes more than it can afford to pay)
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