Search SchoolNGR

Saturday, 11 April 2026
Register . Login

Liquid capital in a business means the

Liquid capital in a business means the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Movable assets of the business
  • B Authorised capital
  • C Issued capital
  • D Assets easily convertible to cash
Correct Answer: Option D
Explanation:
Liquid capital, or fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate. It is the asset that is easily converted to cash

Share question on: