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-term sustainability is the company's liquidity level, as it demonstrates its ability to meet short-term financial obligations. This type … liquidity. This information is very important for hotel investors. This study can also provide management information that …
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The purpose of this paper is to determine the indebtedness level of hotels operating in the Republic of Serbia during the period from 2008-2012. It is presumed that the weakened worldwide economy resulted in the decrease of general business solvency and increase of bankruptcy probability in all...
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