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The more illiquid something is the easier it is to turn into cash. true or false?
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The more illiquid something is the easier it is to turn into cash.

true or false?

User Pradyumna
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1 Answer

3 votes

Answer:

False

Step-by-step explanation:

Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets.

User Vadimk
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