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Adequate Financial Resources refers to the state where a person or an organization is in a position of financial adequacy. that is they have enough cash to meet all their requirements. Lets say a company has to meet out electricity bill of $10000 & Rent of $5000 & Employee wages of $25000 then its net cash requirement per month is $40000 If the net revenue of the company crosses $40000 per month then they can be considered to be in a position of financial adequacy. That is they have enough funds to meet all their cash requirements.

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16y ago

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