The solvency of a company can help determine if it is capable of growth. Also, solvency can help the company's management meet their obligations and can demonstrate its financial health when raising additional equity. Any business looking to expand in the long term should aim to remain solvent.
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Answer:
The solvency of a company can help determine if it is capable of growth. Also, solvency can help the company's management meet their obligations and can demonstrate its financial health when raising additional equity. Any business looking to expand in the long term should aim to remain solvent.
Explanation:
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