Of the Following Assets, Which Is the Generally the Least

question 23

Multiple Choice

Of the following assets, which is the generally the least liquid?

• A) Marketable securities.
• B) Cash.
• C) Inventory.
• D) Accounts receivable.

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Definitions:

Long Run

Long run refers to a time period in economics where all inputs or factors of production can be adjusted, allowing an analysis of long-term planning or investment outcomes.

Monopolistic Competitor

A monopolistic competitor is a firm that has many competitors in a market but differentiates its product or service enough to have some control over its price.

Tex-Mex Restaurant

A type of dining establishment that serves a fusion cuisine of Texan and Mexican origins, characterized by its hearty, flavorful dishes.

Local Phone Company

A telecommunications provider that offers services within a specific geographic area, typically handling local calls and access.