What is Liquidity in Accounting? Accounting liquidity is a business’ capacity to cover its short-term liabilities with its most liquid assets like cash, cash equivalents, inventory, and account receivables. This demonstrations how financially secure a company is by showing its ability to meet its short term obligations without liquidating any long-term assets. Accounting liquidity is ... Read more
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Most people who save for retirement have a few different options for retirement savings accounts– the main ones being a Roth IRA vs 401k. Each of these accounts have different tax and savings benefits that you can take advantage of, but which one should you choose? Let’s check out each account to see which one ... Read more
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