melanylamb625 melanylamb625

28-06-2024
Business

Answered

Which of the following assets is the most liquid?

A. Inventory
B. Real estate
C. Money in the bank
D. A piece of equipment

Answer :

GinnyAnswer GinnyAnswer

28-06-2024

Final answer:

Money in the bank is the most liquid asset compared to Inventory, Real estate, and a piece of equipment.

Explanation:

Liquidity refers to how quickly an asset can be converted to cash with minimal loss in value. The most liquid asset is Money in the bank as it can be easily accessed and used for transactions. On the other hand, assets like Inventory, Real estate, and a piece of equipment are less liquid and require a longer process to convert into cash.

Learn more about Liquidity of assets here:

https://brainly.com/question/29760652

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