Its not #2

Regarding liquidity, which one of the following statements is accurate? Multiple Choice Liquid assets generally earn higher rates of return than fixed assets. If you can sell an asset next year at a price equal to its actual value, the asset is highly llquid. Liquid assets are defined as those assets obtained within the past year. The less liquidity a firm has, the lower the probability the firm will encounter financial difficulties. Balance sheet accounts are listed in order of decreasing liquidity