Describe what is meant by a firms financial failure-, Financial Management

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Describe what is meant by a firms financial failure-

1. Describe what is meant by a firm's financial failure

2. According to the Beaver study, which ratios should be watched most closely, in order of their predictive power?

3. According to the Beaver study, three current asset accounts should be given particular attention in order to forecast financial failure. List each of these accounts and indicate whether they should be abnormally high or low.

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Financial Management: Describe what is meant by a firms financial failure-

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