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22 July, 15:38

Which of the following lists correctly orders assets from most liquid to least liquid? Savings deposits, paper currency, house, stocks Paper currency, savings deposits, stocks, house Stocks, house, paper currency, savings deposits Stocks, paper currency, house, savings deposits

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  1. 22 July, 16:02
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    Paper Currency, Saving Deposits, Stocks, House.

    Explanation:

    The liquidity of the assets depends on the time it takes to convert it into cash, which means that each asset needs a period of time to convert it into cash.

    The most liquid asset is the cash, then the savings deposits because it takes some time to get that money but the money exists, then there are the actions, to get the money it is necessary for someone to buy the shares and finally the house which is neccesary to find a buyer to then get the cash.
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Home » Business » Which of the following lists correctly orders assets from most liquid to least liquid? Savings deposits, paper currency, house, stocks Paper currency, savings deposits, stocks, house Stocks, house, paper currency, savings deposits Stocks, paper
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