Many people like to hold some of their cash on hand is the most liquid asset of all assets and there is no risk of capital loss.
<h3 /><h3>What is a liquid asset?</h3>
Refers to assets that can be exchanged for cash, simply and quickly, such as stocks and bonds. Cash on hand is considered the most liquid of all assets because it is accessible more quickly than other assets, through a withdrawal, for example. So, cash on hand has:
- Market liquidity
- Accounting liquidity
The liquidity of an asset, then, is determined by the speed and high availability with which the asset can be converted into cash, without losing market value due to any oscillation or inherent risks in the financial market.
Therefore, cash on hand is the most liquid asset of all assets and is not subject to market fluctuations, being one of the most used asset options by people, due to the security and high availability with which it can be obtained.
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The answer is East Asian Art, which is a visual or performing arts in China and Korea.
The valedictorian is often the student with the highest ranking grade point average or gpa for short.
The repeating decimal 0.625625625 represented as a fraction in its simplest form is 1001001/1600000.
<h3>What is a fraction?</h3>
Fraction simply refers to number expressed as a quotient, in which a numerator is divided by a denominator.
For example, a/b
Given that;
- Decimal number = 0.625625625
- Number in fraction form = ?
First, we rewrite the decimal number as a fraction with 1 in the denominator.
0.625625625 = 0.625625625/1
Next, we multiply to remove 9 decimal places. ( multiply top and bottom numbers with 1000000000 )
0.625625625 = 0.625625625/1 × 1000000000/1000000000
0.625625625 = 625625625/1000000000
Next, we simply, 625 can go through the numerator and denominator.
0.625625625 = 625625625/1000000000 = 1001001/1600000
Therefore, the repeating decimal 0.625625625 represented as a fraction in its simplest form is 1001001/1600000.
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