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30) A corporation sold a building for a significantly reduced price of $750,000 to obtain (1 pts needed cash. Which of the following is true?

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30) A corporation sold a building for a significantly reduced price of $750,000 to obtain (1 pts needed cash. Which of the following is true? The asset was liquid because it sold quickly The asset is not considered liquid because it was sold for significantly less than market value It is impossible to tell the liquidity of the asset in this example Liquidity is based on whether an asset is "real" or not, real assets like buildings cannot be liquid None of the above 2

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