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View History Bookmarks Window Help suffolku.blackboard.com Begin: Final Exam-17F Take Test: Final Exam- My C QUESTION 2 The ability to convert financial resources into usable cash with ease is referred to as: liquidity investing. " saving. opportunity cost. QUESTION 22 A cost associated with owning a home is renters insurance the security deposit annual appreciation of the property property taxes the interest lost on the security deposit QUESTION 23 Which of the following would be considered a long-term liability? A charge account payment A morgage An installment loarn An amount due for taxes The amount due on a credit card QUESTION 24 A load fund is a mutual fund Click Save and Submit to save and submit. Click Save All Answers to save all answers. 8

Explanation / Answer

21)

Liquidity refers to the ability and speediness to convert financial resource and other sources into cash. Firm should have liquid assets to meet short-term obligations.

Hence, correct option is “liquidity”.

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