ocr: Introduction If,for example, a business fails to pay a legally binding debt to a supplier, the supplier IS pertectly entitled to go through the courts and even have the business's assets sold to raise cash to cover the debt. The caretul management of cash is of the utmost - importance to a business's survival and we have two ratios which shed some light on this crucial area. Itisi important when dealing with liquidity issues to realise that current assets represent circulating-cash assets, in the sense that stocks, debtors, money in the bank and of course cash itselt are all regarded as being ...
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