The Liquidity of an Asset

question 137

Multiple Choice

The liquidity of an asset

• A)describes the ease of conversion to cash without significant loss of value
• B)is its cash value relative to other assets
• C)indicates how much interest would flow from it if it were a financial instrument
• D)is of little concern to bank managers,since their primary goal is profit
• E)usually rises along with an asset's rate of return

---

Definitions:

COUNT Function

A function in many spreadsheet and database applications that returns the number of non-empty cells in a specific range or criteria.

Numeric Data

Data consisting of numbers, which can be used in mathematical calculations and statistical analysis.

Calculation Options

Settings that determine how and when formulas are recalculated in spreadsheet software.

Manual

A handbook or guide that provides instructions or information about how to use a device, software, or system.