Does this make sense? Styles Font Paragraph Clipboard F Choose and describe a bu
ID: 2339127 • Letter: D
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Does this make sense?
Styles Font Paragraph Clipboard F Choose and describe a business that you would expect to have highly liquid assets and share a photo of that business (or company logo). Which specific assets are highly liquid and why do you think that? If the image is not your own, be sure to cite the source in your description. Bristol Meyer Squibb is a large billionaire pharmaceutical company that has highly liquid assets despite of the cost for research and development (R&D) it might face, this company manages their debt by maintaining high sales and the distribution of quality drugs manufactured in their labs. The highly assets of this company I believe are the cash equivalents, to illustrate; highly liquid investments received to support the production of a drug. these assets are cash shortly after being received in aform of check or as a bank deposit. This highly liquid asset will increase the company's profit and income. Bristol-Myers SquibbExplanation / Answer
Liquid assets are those which can be liquidated as when required and examples are cash and cash equivalents, short term investment etc. The explanation you have given is somewhat not correct as liquid assets does not increase the company profit and income. High liquid assets means some what negative sometimes as well since company is not effectively utilizing the cash they have which can be invested in any project
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