Bookcover of Insolvency
Booktitle:

Insolvency

Alphascript Publishing (2010-07-25 )

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ISBN-13:

978-613-0-75621-5

ISBN-10:
6130756216
EAN:
9786130756215
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.Insolvency means the inability to pay one's debts as they fall due. Usually used in Business terms, insolvency refers to the inability for a company to pay off its debts.A business may be 'cash flow insolvent' but 'balance sheet solvent' if it holds illiquid assets, particularly against short term debt that it cannot immediately realise if called upon to do so. Conversely, a business can have negative net assets showing on its balance sheet but still be cash flow solvent if ongoing revenue is able to meet debt obligations, and thus avoid default – for instance, if it holds long term debt. Many large companies operate permanently in this state.
Publishing house:
Alphascript Publishing
Website:
https://www.alphascript-publishing.com/
Edited by:
Frederic P. Miller, Agnes F. Vandome, John McBrewster
Number of pages:
96
Published on:
2010-07-25
Stock:
Available
Category:
Business management
Price:
34.00 €
Keywords:
government, Creditor, Bankruptcy, Court, Refinancing, market

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