Re: Non-DISPLAY numeric data in files

From: Richard (riplin_at_Azonic.co.nz)
Date: 08/06/04


Date: 5 Aug 2004 15:15:11 -0700

robert.deletethis@wagner.net (Robert Wagner) wrote

>
> Sure it is. When liabilities > assets, the company is bankrupt.

No, that is not true. If, for example, there is sufficient cash flow
to meet required payments then they need not be bankrupt.



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