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Define Internal and External Sources of Liquidity

question 25

Essay

Define internal and external sources of liquidity.What is a material deficiency in liquidity? If a firm has a material deficiency in liquidity what should be reported in the management discussion and analysis?


Definitions:

Marginal Revenue Product

The additional income yielded by deploying one more unit of a component, for instance, labor or capital.

Economic Resource

An asset that is used in the production of goods and services, including natural, human, and capital resources.

Product Price

The monetary value assigned to a good or service for sale.

Total Output

The aggregate amount of goods and services produced by an economy over a specific time period.

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