answersLogoWhite

0

Auto>General Auto

Is a car a liquid asset?

User Avatar

Anonymous

∙ 10y ago
Updated: 4/28/2022

A liquid asset is cash or something that can be quickly converted into cash. A car is generally not considered a liquid asset. The reason for this is because it can take some time to sell a car in order to obtain cash.

User Avatar

Wiki User

∙ 10y ago
Copy

What else can I help you with?

Related Questions

Is land a liquid or non liquid asset?

is land a liquid asset


Are sundry debtors a liquid asset?

liquid asset


Which is the least liquid asset?

inventory is our least liquid asset.


Is a fishing permit a non-liquid asset or liquid asset?

It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.


What is least liquid current asset?

The least liquid asset that most people have is their house.


What is the difference between current asset and liquid asset?

liquid asset can be converted into cash within a very short span of time...


Is a house a liquid asset?

no


Is a loan a liquid or illiquid asset?

liquid assets


Which of these is the most liquid asset?

The least liquid asset that most people have is their house.


Why is cash an asset?

Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.


Is a car a current asset?

no, it is a fixed asset..


The most liquid asset is?

Money

Trending Questions
What type of car does melinda Gordon drive? How long does it take to get from leicester to Newcastle? How do I change ownerhip on a car? Is it necessary to have gap auto insurance in New York State? If car was totaled for second time by another party what should they pay me? Does auto owners home insurance cover raccoon damage? What does auto shift mean on a belle slow cooker? How can you build a trailer? How do you remove the front headrest from a 2012 Cruze? Can the insurance company charge you to cancel your insurance? Through what 3 ways do we control the motion of our cars? What is the common definition of apropos? When another driver travels at erratic speeds weaves in and out of lanes and sits in unusual posturesthese are indications the driver is? How do you replace lx470 license plate light? If your daughter bought a car and put it in her name and she lives with you can you add the car to your insurance? How long does it take to die from car exhaust? How many tires on a car? Car insurance cost? What age do you have to be to drive a peel p50? What temp does diesel burn?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2025 Answers.com | Lunias Media Inc. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.