References 1 The Economist, , “Much of global commerce has ground to a halt Some companies will never restart”, March 21, 2020. 2 Accenture analysis of Capital IQ data, market close on March 20, 2020. 3 Wikipedia, "Altman Z-score", retrieved on April 20, 2020. 4 Accenture Research analyses on S&P Transcript data, March 2020. 5 Based on Accenture projects and delivered outcomes. 6 Ibid. 7 Ibid. 8 Ibid. 9 Ibid. 24 Managing Total Liquidity in Response to the COVID-19 Crisis Copyright © 2020 Accenture. All rights reserved.