Why is stock considered as a liquid asset?

Q.  Stock is considered as a liquid asset as anytime it can be converted into cash immediately.
- Published on 15 Sep 15

a. Yes
b. No

ANSWER: No

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    Discussion

  • Sameena   -Posted on 03 Aug 20
    Stock is not treated as current asset while calculating liquid ratio.because it is not treated as liquid asset,which can convert into cash immediately.

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