The ability to convert assets into cash is called $\_\_\_\_\_.$

solvency

financial convertibility

liquidity

None of these are correct.

abcd

$2.$The following amounts were taken from a company$$s balance sheet:

Total assets, $$100,000$

Total liabilities, $$20,000$

Total owner's equity, $$80,000$

Current assets, $$10,000$

Current liabilities, $$5,000$

The company$$s net working capital would be $\_\_\_\_\_.$

$$80,000$

$$5,000$

$$10,000$

$$20,000$

abcd

$3.$The following amounts were taken from a company$$s balance sheet:

Total assets, $$100,000$

Total liabilities, $$20,000$

Total owner's equity, $$80,000$

Current assets, $$10,000$

Current liabilities, $$5,000$

The company$$s current ratio would be $\_\_\_\_\_.$

$0\mathrm{.}50$

$5\mathrm{.}00$

$2\mathrm{.}00$

None of these are correct.