_____ is a measure of how quickly a company can raise money through internal sources by converting assets to cash.
A) Absorbability
B) Equitability
C) Nominal value
D) Liquidity

Question

Quizplus · Accepted Answer

Liquidity refers to a company's ability to quickly convert its assets to cash in order to meet short-term obligations. It is a measure of the company's financial stability and ability to withstand unforeseen events. A highly liquid company will have a large amount of cash or assets that can be easily converted to cash, whereas a company with low liquidity may struggle to raise funds quickly in times of need.

_____ Is a Measure of How Quickly a Company Can