Why is cash the most liquid asset 2024?
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Studied at the University of Sydney, Lives in Sydney, Australia.
The cash in the account is considered liquid because it can be withdrawn easily to settle liabilities. Investments are considered liquid assets because they can be readily liquidated. For example, shares of stock, bonds, money market funds and mutual funds are considered liquid assets.
2023-05-12 10:09:32
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Zoe Davis
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The cash in the account is considered liquid because it can be withdrawn easily to settle liabilities. Investments are considered liquid assets because they can be readily liquidated. For example, shares of stock, bonds, money market funds and mutual funds are considered liquid assets.