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Which of the following asset classes is generally considered to be the least liquid? Accounts receivable Cash InventoriesThe most recent data from the annual balance

Which of the following asset classes is generally considered to be the least liquid? Accounts receivable Cash InventoriesThe most recent data from the annual balance sheets of Fitcom Corporation and Scramouche Opera Company are as follows:Search this coBalance Sheet December 31s (Millions of dollars)Scramouche OperaFitcomScramouche OperaFitcomCompanyCorporationCompanyCorporationAssetsLiabilitiesCurrent assetsCurrent liabilitiesCash$3,157$2,029Accounts payable$0$0Accounts1,155743Accruals696receivableInventories3,3882,178Notes payable3,9443,712Total current$7,700assets$4,950Total current liabilities$4,640$3,712Net fixed assetsLong-term bonds5,6724,538Net plant and6,050equipment6,050Total debt$10,312$8,250Common equityCommon stock$2,235$1,788Retained earnings1,203962Total common equity$3,438$2,750

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