it has intrinsic value
Money
is land a liquid asset
Creditors may be particularly interested in indicators of liquidity, because they show the ability of a company to quickly generate the money to pay the outstanding debt
inventory is our least liquid asset.
Liquidity is a term used to signify how easily an asset or an investment can be converted into cash. Obviously cash is the most liquid investment or asset. Real Estate could be the least liquid because finding a prospective buyer for a home will take a long time. The money in a Savings account is extremely liquid. The account holder can withdraw his money anytime he wants.
Money
money
The least liquid asset that most people have is their house.
A liquid asset is cash or something that can be quickly converted into cash. A car is generally not considered a liquid asset. The reason for this is because it can take some time to sell a car in order to obtain cash.
is land a liquid asset
liquid asset
Creditors may be particularly interested in indicators of liquidity, because they show the ability of a company to quickly generate the money to pay the outstanding debt
Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.
Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.
Because it is the most liquid asset
inventory is our least liquid asset.
Liquidity is a term used to signify how easily an asset or an investment can be converted into cash. Obviously cash is the most liquid investment or asset. Real Estate could be the least liquid because finding a prospective buyer for a home will take a long time. The money in a Savings account is extremely liquid. The account holder can withdraw his money anytime he wants.