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Solvency

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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February 19, 2019 at 7:17 pm #505788
lmendy
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What is solvency of a company?
February 20, 2019 at 8:10 am #505857
John Moffat
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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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