MyStudyPals.com MyStudyPals.com
  • Login
  • Feed

Resources

  • 📰
    Latest School News
  • 📚
    Scholarships
  • 🎓
    JAMB Syllabus
  • 📝
    Jamb Brochure

Information

  • 🔗
    Contact US
  • 🔗
    Privacy Policy
  • 🔗
    Terms and Conditions
  • 🔗
    About US

Liquid capital in a business means the

  • 📑 Past Questions
  • ⌛ Take CBT exam
  • 📟 Referral
  • 🎫 Support
  • 📢 Earnings
Commerce WAEC 2011

Liquid capital in a business means the

  • movable assets of the business
  • authorised capital
  • issued capital
  • assets easily convertible to cash checkmark

The correct answer is: D

Explanation

Liquid capital, or fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate.  It is the asset that is easily converted to cash

Previous Question Next Question

Leave A Comment

© 2025 MyStudyPals.com