Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Which of the following assets is the most liquid?

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


Sagot :

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