A liquid asset can be converted to cash quickly without significantly impacting the asset's value. Which of the following asset classes is generally considered to be the most liquid? O Inventories O Accounts receivable O Cash The most recent data from the annual balance sheets of Fitcom Corporation and Zebra Paper Corp. are as follows: Balance Sheet December 31 (Millions of dollars) Zebra Paper Corp. Fitcom Corporation Zebra Paper Fitcom Corp. Corporation Assets Liabilities Current assets Current liabilities Cash $2,870 $1,845 Accounts payable $0 50 Accounts receivable 1,050 675 Accruals 633 Inventories 3,080 1,980 Notes payable 3,586 3,375 Total current assets 7,000 4,500 Total current 4,219 3,375 liabilities Net fixed assets Long-term bonds 5,156 4,125 Net plant and 5,500 5,500 Total debt 9,375 7,500 equipment Common equity Common stock 2,031 1,625 Retained earnings 1,094 875 Total common equity 3,125 2,500 Total assets 12,500 10,000 Total liabilities and 12,500 10,000 equity