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Thursday, 09 April 2026
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The assets of a business that is available for cash or near cash is called

The assets of a business that is available for cash or near cash is called
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Equity
  • B Capital employed
  • C Received capital
  • D Liquid capital
Correct Answer: Option D
Explanation:
Liquid capital is defined as cash or items which are readily converted to cash in a short time.

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