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Liquidity refers to the degree of readiness of conversion of an asset into cash.

true or false

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Liquidity refers to the degree of readiness of conversion of an asset into cash.

true or false

Answer

Liquidity refers to the degree of readiness of conversion of an asset into cash.
The statement is True.
Liquidity is the term that refers the availability of liquid assets to a company or to a market.
Market liquidity is the ability of the market to purchase or sale an asset without making a big change in the price of the asset.

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 17 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 109 views.

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