cash
postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
Cash can be used as a noun meaning currency or as a verb meaning the act of transferring a form of non-liquid currency to liquid currency.
No, profit often includes cash, but it rarely the entire quantity. Profit is usually the combination of liquid and non-liquid funds.
Cash is most liquid item in asset side of balance sheet and cash is that amount which is in hand for use for expenses of business.
Cash is as liquid as it gets.
No, cash + cash equivalents is the most liquid account. Liquidity is how quickly an asset can be converted to cash.
By definition, cash is the most liquid.
Liquid assets
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.
cash
postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
Cash can be used as a noun meaning currency or as a verb meaning the act of transferring a form of non-liquid currency to liquid currency.
Budget is forecasting future cash needs and cash is most liquid form of money at present.
liquid
dry
Simply answered, it means cash or assets that can quickly and easily be converted to cash.