How easily something can be converted into cash is referred to as:
A) liquidity
B) quick assets
C) current assets
D) working capital
E) operating cycle

Name: How easily something can be converted into cash is referred to as: A) liquidity B) quick assets C) current assets D) working capital E) operating cycle
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liquidity refers to how quickly and easily an asset can be converted into cash without significantly affecting its value.

How Easily Something Can Be Converted into Cash Is Referred