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What are liquid assets? What are non-liquid assets? What are some examples of each?

User Supergiox
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Step-by-step explanation:

A liquid asset allows any individual or a company to access cash at any time they want. ex:Cash or currency, Bank accounts, Accounts receivable

Non liquid assets are assets that cannot be sold or converted into cash easily without a significant loss of investment. Some examples of such assets include houses, cars, land, televisions and jewelry.

hope it helps!

User Mamun Sardar
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