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what is the meaning of LIQUIDITY?
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WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS
FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY
THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS
FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP.
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Answer Posted / zahid sheikh
liquidity means that the firm has to have cash
to meet its bills(day to day transaction)
to meet unexpected commitments
to meet emergencies
Liquidity and Profitability are closely related.
| Is This Answer Correct ? | 16 Yes | 2 No |
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