Why is it important to understand liquidity


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Why is it important to understand liquidity? If there is not much of liquidity how will it affect the business (Hint - I need responses from a payment of debt standpoint.)

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Why is it important to understand liquidity
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