Ask a New Question

Which of the following best defines the term Liquidated?

a- assets that gets repossessed
b- assets that gets converted into cash
c- assets that gets converted into liquid
d- assets that gets converted into debt

1 answer

b- assets that gets converted into cash

Ask a New Question or answer this question.

Similar Questions

1. A company has $1,000,000 of fixed assets (or long-term assets) and requires its total debt to be 40% of its total assets. Two
1. 0 answers
What is the correct formula for finding the return on assets (ROA)?ROA = Net Income / Total Assets or ROA = Net Profit / Average
1. 4 answers
Billy’s Chrystal Stores, Inc., has assets of $5,000,000 and turns over its assets 1.2 times per year. Return on assets is 8
1. 1 answer
What are Cyndi’s total assets and total liabilities based on her assets and liabilities record?(1 point) Assets Value Car
1. 1 answer

more similar questions