katdoesart9584 katdoesart9584

08-08-2024
Business

Answered

The liquidity of an asset in a classified balance sheet refers to:
- How quickly the asset can be converted to cash.
- The length of time for which the company has owned the asset.
- The dollar magnitude of the asset.
- The likelihood that the dsset will help to increase the company's profitability.

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