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What is Meant by 'Liquidity of Business'? - CBSE (Arts) Class 12 - Accountancy

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Question

What is meant by 'Liquidity of Business'?

Solution

Liquidity of business refers to the ability of a business to meet its immediate and short term obligations.

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Solution What is Meant by 'Liquidity of Business'? Concept: Liquidity Ratios.
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