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3 votes
This allows an asset to be converted quickly into cash without a loss of value?

a) Depreciation
b) Amortization
c) Liquidity
d) Equity

asked
User Tobym
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1 Answer

1 vote

Final answer:

The correct answer is liquidity. Liquidity refers to the ease with which an asset can be converted into cash without a loss of value. Hence, option (c) is correct.

Step-by-step explanation:

Liquidity refers to the ease with which an asset can be converted into cash without a loss of value. It is an important aspect to consider when evaluating the marketability and value of an asset. Assets that are highly liquid can be quickly sold in the market, allowing the owner to access cash without significant delays or penalties.

For example, stocks and bonds are considered highly liquid assets as they can be easily bought or sold in the financial markets. On the other hand, real estate or fine art may have lower liquidity as it may take considerable time and effort to find a buyer and convert them into cash.

answered
User Jim Bolla
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