erikahoggard25 erikahoggard25
  • 17-11-2020
  • Business
contestada

Which of the following assets is the most liquid?
A.
Inventory
B.
Real estate
C.
Money in the bank
D.
A piece of equipment

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lykabelle
lykabelle lykabelle
  • 17-11-2020

Answer:

C.  Money in the bank

Explanation:

A "liquid asset" is related to an asset that can be quickly turned into cash. Among the choices above, it is only "money in the bank" that is readily available in cash. Inventory, real estate and a piece of equipment may only be converted to cash if they're sold to other people in exchange of cash. Sometimes, it takes a long time to sell these items and with that being said, they're not readily available.

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rackovanzg rackovanzg
  • 18-11-2020

Answer:

c

Explanation:

Answer Link

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