Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (2024)

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Acid Test Ratio

Stock is cons...

Open in App

Solution

The correct option is B

False

Stock is not considered a liquid asset because converting it to cash is conditional upon finding buyers for the stock at the evaluated price. Liquid assests are cash ,and cash equivalents i.e. anything that can be readily converted to cash without loss in value.


Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (1)

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (2)

Suggest Corrections

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (3)

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (4)

2

Join BYJU'S Learning Program

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (7)

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (8)

Related Videos

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (9)

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (10)

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (11)

Liquidity Ratios

ACCOUNTANCY

Watch in App

Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (2024)
Top Articles
Vanguard High Dividend Yield Index ETF
10 Most Recession-Proof Businesses In 2023
Homes for Sale in Carteret, NJ with Newest Listings | realtor.com®
2 Wedgewood Dr, Carteret, NJ 07008 - MLS 2354687M - Coldwell Banker
A Layman’s (Unofficial) History of Carolina Beach – Wrightsville Beach Magazine
15 Best Beaches Near Myrtle Beach, SC (2024) Top Beach Spots!
Sam Club Careers Apply Online
Naomi Osaka's agency signs 15-year-old Australian tennis player Cooper Kose
How to get to Loris, SC
1007 Highway 701 South Loris Sc 29569, Loris, SC 29569 | Compass
Latest Posts
China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?
America faces a debt nightmare
Article information

Author: Edmund Hettinger DC

Last Updated:

Views: 5808

Rating: 4.8 / 5 (78 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.