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Monitoring Seasonal Fluctuations The acid test can highlight periods when liquidity is tight for businesses in industries with seasonal sales cycles. Real-life Example Imagine a retail company, ShopSmart Inc. Sell Non-Essential Assets: Liquidate surplus or underutilized assets to generate immediate cash flow.
House of Representatives Majority Whip Tom Emmer (R-MN) introduced a bill, prohibiting the Federal Reserve from issuing a retail central bank digital currency (CBDC) directly to the American public. The bill — the CBDC Anti-Surveillance Act — shares similarities to a prior version introduced by Emmer in 2022.
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