The Capacity to Find a Seller or Buyer of an Asset

question 22

Multiple Choice

The capacity to find a seller or buyer of an asset at its current value is:

• A)Liquidity.
• B)Liquidity substitute.
• C)Marketability.
• D)Emergency substitute.
• E)None of the above.

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Definitions:

Length

The measurement of something from end to end or the extent of something along its greatest dimension.

X

Often used to represent an unknown quantity or variable in mathematical equations and expressions.

Markup Rate

The percentage increase on the cost price of goods to achieve the selling price.

Selling Price

The amount for which a product or service is sold to the purchaser.