Liquidity measures how easily assets can be converted to another asset or be used to pay for services or obligations.

Name: Liquidity measures how easily assets can be converted to another asset or be used to pay for services or obligations.
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Question

Quizplus · Accepted Answer

Liquidity measures the ability of an asset to be quickly and easily converted into cash or another tradable asset. It assesses the ease with which an asset can be used to meet financial obligations or purchase goods and services.

Liquidity Measures How Easily Assets Can Be Converted to Another