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24 September, 14:57

Which of the following is the most liquid?

Municipal bonds.

Savings accounts at a local bank.

Collectible antique cars.

Stock mutual funds.

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Answers (1)
  1. 24 September, 15:06
    0
    Option (2) i. e " savings accounts at a local bank." is the correct answer to the given question.

    Explanation:

    Liquid asset are those asset that are rapidly translated into the cash money. The liquid asset is the connection cash in hand asset or perhaps the asset that can quickly be turned into the cash money.

    We will withdraw the money many number of times it means in the option (2) the money is turned into the cash money. this is an example of the liquid asset. All the other options are not turned into the cash money that's why it is not liquid asset. So these are incorrect option.
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