Liquid asset is determined by
A)Current asset - stock - prepaid expense
B)Current asset + Stock +prepaid expense
C)Current asset + prepaid expense
D)None of the above

Name: Liquid asset is determined by A)Current asset - stock - prepaid expense B)Current asset + Stock +prepaid expense C)Current asset + prepaid expense D)None of the above
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Liquid assets are determined by subtracting stock and prepaid expenses from current assets, as these are not as readily convertible to cash.

Liquid Asset Is Determined by