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 / sowmya.k
insolvent. as his assets r less, if ever he goes for
liqidation he cant pay of his liabilites. so he is
insolvent.
| Is This Answer Correct ? | 6 Yes | 0 No |
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