Which of the Following Are Characteristics of a Liquid Asset

question 53

Multiple Choice

Which of the following are characteristics of a liquid asset?

• A)The asset can be turned into cash quickly.
• B)Turning the asset into cash will result in low transaction costs.
• C)Turning the asset into cash will result in little or no loss in principal value.
• D)All of the listed options are correct.

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Definitions:

Tenant-Days

A metric used in real estate management, calculated by multiplying the number of tenants by the number of days occupied.

Net Operating Income

Profit generated from a company’s everyday operations, calculated by subtracting operating expenses from gross profit.

Tenant-Days

A metric used in real estate to measure the total number of days rental units are occupied in a given period.

Client-Visits

The number of occasions clients interact with or receive services from a company or professional.