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The current assets on a balance sheet are typically presented in the order of least to most liquid. Liquidity in relation to an asset on
The current assets on a balance sheet are typically presented in the order of least to most "liquid." Liquidity in relation to an asset on a balance sheet essentially refers to:
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how quickly on average accounts receivable are paid
the ease with which an asset can be turned into cash without significant loss of value
the rate at which a business spends its cash
how quickly an asset can be turned into cash
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