Which One of the Following Represents the Most Liquid Asset

question 53

Multiple Choice

Which one of the following represents the most liquid asset?

• A)$100 account receivable that is discounted and collected for $96 today
• B)$100 of inventory which is sold today on credit for $103
• C)$100 of inventory which is discounted and sold for $97 cash today
• D)$100 of inventory that is sold today for $100 cash
• E)$100 accounts receivable that will be collected in full next week

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Definitions:

Deliberate Extermination

A planned and intentional act of completely destroying or eliminating a group or species.

Overhunting

describes the excessive hunting of animal species to the point where it leads to a significant reduction in their population, potentially leading to extinction.

Biotic Pollution

Introduction of a foreign species into an area where it is not native.

Environmental Sustainability

The ability to meet humanity’s current needs without compromising the ability of future generations to meet their needs.