1.money market invetments are also called cash investments because of their short maturities.
2.for many corporations,borrowing short-term money from banks is often a labored and annoying ask.
3.T-bills are short-term securities that mature in one yeaar or less from their issue date.
4.if a company fails to provide meaningful disclosure to investors about where it has been,where it is and where it is going,a damaging pattern ensues.
5.when we look at the balance sheet we need to know how to assess thenumbers.financial ratios can be calculated from the balance sheet,and these help the investor understand the state of liquidety and growth potential of the company in question.
6.a balance sheet,also known as a statement of financial position,
reveals a companys assets,liabilities and owners equity.
7.it is an extremely important function of a central bank being ready to act as a lender of last resort.it is easy to forget this because potential financial panics arise only rarely.
这7句是什么意思？希望达人来指点下
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