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4 votes
Cash, a house, bonds, and a savings account are all financial assets. Which of the following rankings lists these assets from the least liquid to the most liquid

asked
User AntonyM
by
8.1k points

1 Answer

4 votes

Answer:

House, bonds, savings account, cash

Step-by-step explanation:

Liquidity of financial assets refers to how easy it is to exchange the assets for goods and services.

Cash is the most easy to exchange for goods and services.

Savings account has to first be withdrawn and changed to cash before it can be used as a medium of exchange.

Bonds are more difficult to use as a medium of exchange. It's more difficult to convert to currency.

A house is the least liquid because the period taken to sell a house and exchange it for money is usually long.

I hope my answer helps you

answered
User Furious Duck
by
7.6k points
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