What is the best explanation for the importance of liquidity to the not-for-profit health care organization (HCO) and its stakeholders?
(A) Liquidity is necessary to ensure that the HCO achieves its revenue projections.
(B) In the event that the HCO decides to invest heavily in plant expansion, it will have cash on hand.
(C) Liquidity will allow the HCO to cover its short-term obligations and unexpected cash demands.
(D) All HCO competitors have liquidity.
