- Study guides, Class notes & Summaries

PPD 516 Financial Accounting HC Exam | Verified with 100% Correct Answers profitability trade off risk vs return viability trade off liquidity vs solvency Liquidity measure amount of resources an org. has: cash, can converts to cash, to meet the near-term obligations Solvency long-term perspective of if the org will have enough potential over the next 3,5,10 years to meet major cash needs that will cover expenses over those years. near-term less than 1 year out non-profit Assets = liabilities...