According to the Keown book,one way to think of liquid assets is as a(n)
A) reservoir,with money moving in as wages are received and moving out as living expenses are paid.
B) apple tree farm: pick money off of the money tree whenever you need it.
C) garden: plant the seeds and the green is readily available.
D) wind current: easy come,easy go.
Correct Answer:
Verified
Q10: Pay yourself first refers to
A)buy that car
Q11: One way to think of liquid assets
Q12: Liquid assets allow you to cover unplanned
Q13: What is a risk associated with keeping
Q14: It is best for college students to
Q16: Why are liquid assets important in cash
Q17: What is involved with proper cash management?
Q18: Which of the following characteristics apply to
Q19: When college students start saving early
A)in an
Q20: How do you compare cash management alternatives
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents