Given the following assets;
I. Long-term assets
II. Inventories
III. Receivables
IV. Marketable securities
Which is the least liquid of these assets?

Question

Quizplus · Accepted Answer

Long-term assets are the least liquid of the given assets as they are not easily converted into cash. They include property, plant, and equipment, and are usually held for long periods of time to generate revenue or support operations. In contrast, receivables, inventories, and marketable securities are relatively more liquid and can be converted into cash more quickly.

Given the Following Assets;