Question: A Liquid Asset is: ( 2 points ) A . An asset that cannot be converted quickly into cash. B . An asset that takes

A Liquid Asset is: (2 points)
A. An asset that cannot be converted quickly into cash.
B. An asset that takes time to sell.
C. An asset that can be converted to cash quickly without having to reduce the asset's price very much.
D. What you get when you sit in a puddle.
E. None of the above.
A Liquid Asset is: ( 2 points ) A . An asset that

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!