Which of the following is the measure of how quickly an item can be converted to cash?
A)Current ratio
B)Debt ratio
C)Accounting cycle
D)Liquidity

Name: Which of the following is the measure of how quickly an item can be converted to cash? A)Current ratio B)Debt ratio C)Accounting cycle D)Liquidity
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Question

Quizplus · Accepted Answer

Liquidity refers to the ease and speed with which an asset can be converted into cash without affecting its market price.

Which of the Following Is the Measure of How Quickly