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Liquid asset
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- Yes, cash is a liquid asset. It is a company's most liquid asset, such that the liquidity of all other assets is compared to the liquidity of cash.
www.financestrategists.com/accounting/operating-assets/assets/is-cash-an-asset/
Jun 27, 2024 · A liquid asset is cash on hand or an asset that can be easily converted to cash. In terms of liquidity, cash is supreme since cash as legal tender is the ultimate goal.
Oct 14, 2024 · Land and real estate investments are considered to be non-liquid assets because it can take months or more for an individual or a company to receive cash from the sale.
- Steven Nickolas
- 2 min
Apr 11, 2024 · Yes, cash is a liquid asset. It is a company's most liquid asset, such that the liquidity of all other assets is compared to the liquidity of cash. What is an illiquid asset? An illiquid asset can't be easily converted to cash. Examples would be machinery, property, or supplies.
Jul 30, 2024 · Liquidity describes your ability to exchange an asset for cash. The easier it is to convert an asset into cash, the more liquid it is. And cash is generally considered the most liquid asset.
Aug 4, 2024 · Cash and cash equivalents are liquid assets, which may include Treasury bills and certificates of deposit. Accounts receivable are the money owed to the company by its customers for the sale...
Aug 4, 2023 · Liquid assets are financial resources that a business or individual owns and can easily convert into cash without significant loss in value. So an alternate name to “Liquid Assets” is “Cash”. These assets are readily accessible and highly liquid, making them essential for meeting short-term financial obligations.
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A liquid asset is cash on hand or an asset other than cash that can be quickly converted into cash at a reasonable price. In other words, a liquid asset can be quickly sold on the market without a significant loss of its value.