Liquid assets

0 pts ended
Which one of the following represent the most liquid asset?

1. $100 accounts receivable that will be collected in full next week.
2. $100 of inventory that is sold today for $100 cash
3. $100 of inventory which is discounted and sold for $97 cash today
4. $100 of inventory which is sold today on credit for $103
5. $100 account receivable that is discounted and collected for $96 today

Answers (1)

  • Anonymous
    Rating:5 stars

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