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Students are required to examine two/three case studies of corporate collapse. From these they are Solved

Referencing Styles : Open | Pages : 16

What are the possible difficulties with applying this test?  

2. Cash Flow Test: The Cash flow test is that a debtor is insolvent if unable to pay their debts as they fall due.

This means that there is insufficient cash or other realisable resources available to pay all creditors at the various times they can demand payment.


What are the possible difficulties with applying this test?   



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Students are required to exam... has been added in your library.
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