Which is most liquid asset in our possession
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money
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Which is most liquid asset in our possession?
- Money.
- Thnku :)
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Answer:
The most liquid assets are cash and securities that can immediately be transacted for cash. Companies can also look to assets with a cash conversion expectation of one year or less as liquid. Collectively, these assets are known as a company's current assets.
Explanation:
Examples of liquid assets held by both individuals and businesses include:
Cash.
Money market assets.
Marketable equity securities (stocks)
Marketable debt securities (bonds)
U.S. Treasuries maturing within one year or actively traded in the secondary market.
Mutual funds.
Exchange-traded funds (ETFs)
Accounts receivable.
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