QUESTION IMAGE
Question
the availability of cash-like assets is described by which of the following terms?
liquidity
equity
liability
Brief Explanations
In Business (specifically in Finance/Accounting subfields), liquidity refers to the availability of cash or assets that can be quickly converted to cash. Equity is the ownership interest in a business, and liability is an obligation or debt. So the term describing the availability of cash - like assets is liquidity.
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A. liquidity