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Exam Question

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

  • 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

View Answer

Answer 2) Cash, marketable securities, accounts receivable, inventory

Practice set and Exam Quiz

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