Liquid capital in a business means the
-
A.
movable assets of the business -
B.
authorised capital -
C.
issued capital -
D.
assets easily convertible to cash
Correct Answer: Option D
Explanation
Liquid capital, or fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate. It is the asset that is easily converted to cash