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What will be the position of the owener of the company?If
the company liablites are more than company assets .
a. solvent
b. insolvent
c. profitable
d. liquidity
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Answer Posted / phani
insolvent
not in a position to pay back its liabilities as assets
are short of liabilities .
| Is This Answer Correct ? | 20 Yes | 0 No |
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