Which of the Following Is Not a Liquid Asset

An asset or possession that cannot be converted into cash quickly. In personal finance assets like homes and land are illiquid or non-liquid assets.

Which Of The Following Is Not A Liquid Asset A Cash In Your Pocket B Money In A Course Hero

They do not include prepaid expenses and inventories.

. A Cash in your pocket B Access to your credit card C Money in your chequing account D Money in a savings account Answer. Liquid assets are not shown separately in the financial statements. 100 account receivable that is discounted and collected for 96 today.

In other words a liquid asset can be quickly sold on the market without a significant loss of its value. Accounts receivables and investment in marketable securities are the liquid assets. Liquid assets are used to calculate the liquidity or quick ratio of a firm.

B Money in a savings account. Cash Debtors Bills Receivables marketable securities are the example of liquid assets. Experts are tested by Chegg as specialists in their subject area.

What is a Liquid Asset. Non-liquid assets also called illiquid assets cant be quickly converted to cash. These come in many different forms such as cash stocks and other marketable securities money market funds and more.

Non-liquid assets are assets that can be difficult to liquidate quickly. Other liquid assets include life insurance policies that have a cash surrender value savings bonds stocks and certificates of deposit without withdrawal penalties. Previous question Next question.

Land and real estate investments are considered non-liquid assets because it can. The most common examples. An assets liquidity is a function of how easily it can be converted into cash.

It can take months if not longer to sell a home at a reasonable price. A liquid asset is cash on hand or an asset other than cash that can be quickly converted into cash at a reasonable price. Most non-liquid assets must be sold to tap into their value requiring you to transfer ownership.

Which of the following is not a liquid asset a cash. Assets fall into two categories. But in terms of liquid assets the operating expenses need to be made along with the obligations.

Liquid assets are different from their illiquid or fixed counterparts. Correct answer to the question 3 which of the following is not a typical asset listed on a personal balance sheet. View the full answer.

It can take months or years to find the right buyer for non-liquid assets and selling them quickly tends to have a negative effect on value. Which of the following is not a liquid asset. Its a liabilityCash Balance.

A savings account evidenced only by a computer entry for which the customer gets a monthly printout is called. Log in for more information. Its a fixed assetsLoan from a partner.

An asset which can be easily transformed into cash in less time and with no loss or little loss in value is known as a liquid asset. A Cash in your pocket B Money in a savings account C Corporate stock you own outright D Money in your checking account. Which of the following is not a liquid asset.

These are investments that take much longer to convert to cash typically. Liquid assets are usually compared with cash as the value remains the same whenever sold. Added 12292020 71434 AM.

Generally liquid assets are traded on well-established markets with a large number of buyers and sellers. Liquid assets are things that can be quickly converted into cash without losing value. Non liquid assets are those which can not be encashed on immediate basis and might require sometime to get the same converted in to cash.

100 accounts receivable that will be collected in full next week. Its a current assetsDebtors. This solution to the issue can be enumerated asBuilding.

A Cash in your pocket. 100 of inventory which is discounted and sold for 97 cash today. 69 Which of the following is not a liquid asset.

100 of inventory that is sold today for 100 cash. Which one of the following represents the most liquid asset. Liquid assets are assets that can be converted quickly and easily to cash without losing value.

A checking account Weegy. Liquid assets are those which can be converted in to cash immediately without loosing any value. Inventory is only a current assets it is not considered as a liquid asset.

A Certificate of deposit is NOT an example of a liquid asset. We review their content and use your feedback to keep the quality high. There are many factors that a liquid asset should have.

Negotiable order of withdrawal. C Corporate stock you own outright. In corporate finance liquid assets are those that can be used to pay off debts in a hurry.

Which of the following is NOT an example of a liquid asset. Stocks and bonds are liquid assets because they are easy to sell quickly but property is considered a non-liquid asset because there is no guarantee it will sell within a. In theory and practically liquid assets are more liquid and quickly convertible to cash as compared to current assets.

These type of asset is commonly used by businesses and buyers. Its a current assets. A certificate of deposit b.

D Money in your checking account. 100 1 rating Credit cards Credit cards is not a liquid asset.

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