A liquid asset is cash on hand or an asset that can be easily converted to cash. In terms of liquidity, cash is supreme, since cash aslegal tenderis the ultimate goal. Assets that can be converted to cash quickl
Definition:A liquid asset is a resource that can easily be converted intocashand used to pay for goods and services or pay offliabilities.Assetsthat can be readily traded for goods and services are also considered to be liquid even if they can’t be converted into cash. For instance, some...
An asset that can easily be converted into cash Answer:D) An asset that can easily be converted into cash Explanation: A liquid asset is a resource that can undoubtedly be changed over into cash in a short measure of time. Fluid resources incorporate things like money, currency market instrum...
an ordinarily liquid asset – meaning one with a large number of potential buyers – may only be sellable at a loss if the seller is in a hurry to obtain cash.
Cash is the most liquid asset and may be used to buy other assets quickly. The readiness with which an asset can be turned into cash is known as liquidity. Cash is the standard metric for determining liquidity. It is the most straightforward way to excha
Cash is a liquid asset, meaning you can use it immediately to purchase materials and supplies for the business, or to pay expenses. Inventory, on the other hand, is an illiquid asset: You have to sell it in order to raise the cash you need to run the business. Because a business ...
[translate] aCash is the most liquid asset of a business,and most business transactions begin or end with cash. 现金是事务的流动资产,并且多数经济业务以现金开始或结束。[translate]
An asset is anything owned by the company to provide economic value for the business. It can be either tangible or intangible. For example, machinery (tangible) or goodwill (intangible) are assets. A liability is anything which a company is obliged to pay to other companies or persons for ...
They are considered the most liquid form of assets as they can be quickly converted into cash without significant loss in value. The key characteristic of a liquid asset is its ability to maintain its value or convertibility in a short period of time. This makes them highly preferable in ...
Cash is a primary asset in business. It is easily exchangeable for other goods and often is the medium most companies require for completing business transactions. A term associated with this medium is liquid cash. Companies and financial institutions use this term to describe the ease with which...