Liquid assets refer to
A)amounts that must be paid soon.
B)amounts on which taxes must be paid
C)total income available to a family for spending.
D)the value of investments.
E)items that are easily converted to cash.

Question

Quizplus · Accepted Answer

Liquid assets are assets that can be quickly and easily converted into cash without significant loss in value. This includes items such as cash, bank accounts, and stocks that can be easily sold.

Liquid Assets Refer to