In finance, a _____ is one that can be quickly converted into cash with little risk of loss.
A. capital asset
B. fixed asset
C. tangible asset
D. liquid asset
Answer: D
Business
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If a company has a number of day's sales in inventory equal to 60, that means that it takes about two months on average to sell its inventory
a. True b. False Indicate whether the statement is true or false
Business
The limited liability of a stockholder can be viewed as both an advantage and a disadvantage
Indicate whether the statement is true or false
Business
A ________ or ________ is always placed before a closing quotation mark
A) semicolon or colon B) period or comma C) period or question mark D) semicolon or comma
Business
Reasons are the explanations or justifications provided as support for a conclusion
Indicate whether the statement is true or false
Business