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

Question

asked Apr 12, 2021 43.8k views

1 Answer

← Prev Question Next Question →

Ask a Question

Vadimk · Answer 1 · 2021-04-17T06:23:24+0000

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.

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

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions