Which one of the following represents the most liquid asset? » MCQ Academy English

Corporate Finance

Which one of the following represents the most liquid asset?

$100 account receivable that is discounted and collected for $96 today
$100 of inventory that is sold today for $100 cash
$100 accounts receivable that will be collected in full next week
$100 of inventory which is discounted and sold for $97 cash today

Note

The following represents the most liquid asset $100 of inventory that is sold today for $100 cash.

Tags: Financial Statements, Taxes, and Cash Flow

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