Question: 26. Sergey SpA has net cash provided by operating activities of 1,200,000. Its average current liabilities for the period are 1,000,000, and its average total

26. Sergey SpA has net cash provided by operating activities of

€1,200,000. Its average current liabilities for the period are €1,000,000, and its average total liabilities are €1,500,000. Comment on the company’s liquidity and financial flexibility given this information.

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