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Which of the following properly lists balance sheet items in order of liquidity, from most liquid to least liquid?

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Which of the following properly lists balance sheet items in order of liquidity, from most liquid to least liquid?

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Which of the following properly lists balance sheet items in order of liquidity, from most liquid to least liquid?

Options:

  1. Accounts receivable, inventory, marketable securities, cash.
  2. Cash, marketable securities, accounts receivable, inventory.
  3. Inventory, marketable securities, cash, accounts receivable.
  4. Cash, inventory, accounts receivable, marketable securities.

 

The Correct Answer Is:

  • Cash, marketable securities, accounts receivable, inventory.

Conclusion

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