Rank given assets in terms of their liquidity

Assignment Help Financial Accounting

Reference no: EM131191748

Rank the following assets in terms of their liquidity, from least to most liquid:

• cash,

• savings deposits,

• gold,

• a house,

• a rare oil painting,

• a checkable deposit.

Explain your rank order.

Reference no: EM131191748

Questions Cloud

Pros and cons of lending to my next door neighbor : What are the pros and cons of lending to my next door neighbor rather than putting my surplus funds in a bank?

Cvss existing pharmacy fulfillment process : What changes do you recommend to CVS's existing pharmacy fulfillment process? What information technology (IT) changes, if any, are required to implement those changes?

Discuss which segments are reportable and why : A multinational corporation based in the U.S. has divided its operations into several segments. Review the information and discuss which segments are reportable and why.

Study of the practices of two mncs : Following are the topics for final project. You are supposed to pick one topic for your project. A study of the practices of two MNCs. A study of World Trade Organization (WTO) and Free Trade Agreements (FTA)

Rank given assets in terms of their liquidity : Rank the following assets in terms of their liquidity, from least to most liquid:- cash,- savings deposits, -gold, - a house.

What is the trade discount on the purchase : The list price on slacks $22 and the list price on jumpers is $37. If Petit's Clothing Store orders 30 pairs of slacks and 40 jumpers at a discount rate of 11%, what is the trade discount on the purchase?

Find the slope of the dotted line in the graph above : Explain (including units), what this slope represents. b. Estimate the instantaneous velocity at t = 15. Include units. Draw and label the line you used to estimate this.

Maximizing the social value of wealth : As a society, how can we minimize the "greed for gain" while maximizing the social value of wealth?

Is given an example of direct or indirect financing : Is each of the following an example of direct or indirect financing?- John purchases stock from the biotech fi rm that employs him. - Mary purchases a newly issued government security.

User Account

All Pages