_________ refers to how fast an asset could be converted into cash.

Name: _________ refers to how fast an asset could be converted into cash.
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Question

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Liquidity is the term used to refer to how quickly and easily an asset could be converted to cash without affecting its market value. It is a crucial factor in financial management as it enables an organization to meet its short-term obligations and take advantage of new opportunities.

_________ Refers to How Fast an Asset Could Be Converted