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shefali
shefali
thanx :) yeah sure...wt do u need help with? :)
Meg
Meg
Is insolvency long term or short term? o_O
what important calculations should I know for tom? :O
and what papers' yrs should I solve? :p
Meg
Meg
yeah and what's hire purchase? o_O
Meg
Meg
and whats factoring? :p
shefali
shefali
insolvency is basically when debtors are unable to pay you...so basically you may have cash flow problems and in the long run balance sheet issues. It depends on the position of other liquid assets...if its pretty good with other things then cash flow won't be a problem and insolvency will be short term but if its not paid over a long period of time it becomes long term since its visible on the balance sheet
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