Statement I:Maintaining adequate working capital is not just important in the short term. Sufficient liquidity must be maintained in order to ensure the survival of the business in the long term as well.Statement II:Even a profitable business may fail if it does not have the adequate cash flow to meet its liabilities as they fall due.Select the correct answer from the options given below.

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Statement I:<br />Maintaining adequate working capital is not just important in the short term. Sufficient liquidity must be maintained in order to ensure the survival of the business in the long term as well.<br />Statement II:<br />Even a profitable business may fail if it does not have the adequate cash flow to meet its liabilities as they fall due.<br />Select the correct answer from the options given below.