Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (2024)

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A

True

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Solution

The correct option is B

False

Stock is not considered a liquid asset because converting it to cash is conditional upon finding buyers for the stock at the evaluated price. Liquid assests are cash ,and cash equivalents i.e. anything that can be readily converted to cash without loss in value.


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Stock is considered as a liquid asset as anytime it can be converted into cash immediately. (2024)
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