Question: A company is technically insolvent when A)cash outflows in a given period are greater than cash inflows B)it lacks the necessary liquidity to promptly pay
A company is technically insolvent when A)cash outflows in a given period are greater than cash inflows B)it lacks the necessary liquidity to promptly pay its current debt obligations C)current ratio is less than 1 D)earnings before interest payments are less than the interest payments
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