A company is liquid when it has the ability to convert its assets into money quickly and easily.
What is liquidity?
Liquidity is an economic term that refers to the quality of assets to be converted into cash immediately without significant loss of value.
According to the above, the easier it is to convert an asset into money, it is said that it is more liquid. By definition the most liquid asset is money.
Note: This question is incomplete because there is some missing information. However I can answer it based on my prior knowledge.
Learn more about economy in: https://brainly.com/question/951950
