Get expert insights and reliable answers to your questions on IDNLearn.com. Ask your questions and receive comprehensive and trustworthy answers from our experienced community of professionals.
Money in the bank is the most liquid asset compared to Inventory, Real estate, and a piece of equipment.
Liquidity refers to how quickly an asset can be converted to cash with minimal loss in value. The most liquid asset is Money in the bank as it can be easily accessed and used for transactions. On the other hand, assets like Inventory, Real estate, and a piece of equipment are less liquid and require a longer process to convert into cash.
https://brainly.com/question/29760652