answersLogoWhite

0

Auto>General Auto

Is a car a liquid asset?

User Avatar

Anonymous

∙ 11y 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

∙ 11y 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 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.


Is a house a liquid asset?

no


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
How heavy is a car engine? What is vigoro spreader setting when using scotts turf builder 32-0-4? Can you repair your car if the insurance company declares it totaled? How does letting a car go back to the lienholder affect your credit? Does a race car driving around a track at 240 km have a constant velocity? 2002 Silverado 1500 4x4 manual transmission pickup truvk you notice a fan type noise when you are in fourth and fifth gears? How can you find cheap but good quality autos? Where is VIN written in a car? Do you have to pay off the car loan if you total the car? What is the serial code for city car driving 1.2.2? What would cause a squealing sound from the engine of a 2000 3.8L Ford Mustang that is running? What are the best-rated auto insurance companies? What does an A frame look like? Where does the ground wire go to on the heater fan motoron a 97 Jeep? How do you adjust the side to side cutting level on a lawn tractor? What if you have a break in homeowner insurance? What is offtracking? What size socket would fit a spark plug on a 82 Yamaha venture royal? How do you know if a 350 motor is a vortec? What is 1968 F 250 lug nut bolt pattern?

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 ©2026 Infospace Holdings LLC, A System1 Company. 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.