Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Because of their high liquidity, money market securities are referred to as "cash equivalents."
What is liquidity?
The term "liquidity" describes how quickly and easily a security or asset can be turned into cash without depreciating in value. The most liquid asset is cash, while the least liquid asset is tangible goods.
The capacity to make timely payments on debts is known as liquidity. An indication of a company's financial health is liquidity. Every profitable corporation or institution will eventually find itself bankrupt after failing to pay its short-term creditors their debts.
To learn more about liquidity from the given link:
brainly.com/question/18917394
#SPJ4
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.
