Which one of the following statements related to liquidity is correct?

Corporate Finance

Which one of the following statements related to liquidity is correct?

Liquid assets tend to earn a high rate of return.
Liquid assets are valuable to a firm.
Liquid assets are defined as assets that can be sold quickly regardless of the price obtained.
Any asset that can be sold within the next year is considered liquid.

Which one of the following statements related to liquidity is correct?Answer:Liquid assets are valuable to a firm.

Tags: Financial Statements, Taxes, and Cash Flow