List the assets in the order from most liquid to least liquid.
A)Inventory,accounts receivable,cash
B)Inventory,cash,accounts receivable
C)Accounts receivable,inventory,cash
D)Cash,inventory,accounts receivable
E)Cash,accounts receivable,inventory

Question

Quizplus · Accepted Answer

Cash is the most liquid asset, followed by accounts receivable which can be converted into cash relatively quickly, and inventory is the least liquid as it takes the longest time to convert into cash.

List the Assets in the Order from Most Liquid to Least