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Consider the relative liquidity of the following assets:Assets1. A $5 bill2. The funds in a savings account3. A boat you own4. A bond issued by a publicly traded companySelect the assets in order of their
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Consider the relative liquidity of the following assets:Assets1. A $5 bill2. The funds in a savings account3. A boat you own4. A bond issued by a publicly traded companySelect the assets in order of their liquidity, from most liquid to least liquid.AssetMost Liquid Boat$5.00 billFunds in a savings accountBondSecond-Most Liquid Funds in a savings accountBoat$5.00 billBondThird-Most Liquid BondBoat$5.00 billFunds in a savings accountLeast Liquid Funds in a savings account$5.00 billBondBoat

User Hwsw
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Answer:

Boat is an asset.

Most liquid = $5 bill

Second most = Fund in saving account

Third most = Bond

least liquid = Boat

Liquidity means easily convertible into cash. $5 bill is the most liquid while asset cannot be easily and readily convertible into cash.

Step-by-step explanation:

User Leigh Shepperson
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