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3 years ago

Of the items in the following lists, which go from most liquid to least liquid?

Business

1 answer:

Anvisha [2.4K]3 years ago

4 0

Answer:

D) a checking account, a certificate of deposit, shares of stock, a new vehicle

Explanation:

Being liquid refers to the ability of an asset to convert to cash easily. A liquid asset is one that can be converted to very quickly. The least liquid asset is one that takes a lot of time and effort to convert to cash. Cash is the most liquid asset, as it does not require any conversion.

Cash in the bank is treated as cash. It is highly liquid because conversion is not needed. From the list provided, the motor vehicle will be the least liquid. It is a tangible asset that requires an unspecified amount of time to dispose of. At times buyers can be identified after a lengthy period. A certificate of deposit is fairly liquid as its maturity period is anywhere between days and nine months.

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If during 2009, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,

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Answer:

36 billion

Explanation:

The GDP can be calculated using the income approach in which the output of a country is equal to the total income people receive in that country.

GDP= Compensation of employees + Net interest + Rental income + Corporate profits

From this formula, you can isolate the compensation of employees:

Compensation of employees= GDP-Net interest - Rental income - Corporate profits

Compensation of employees= $65-$15-$7-$7

Compensation of employees= $65-$29

Compensation of employees= $36

The wages during 2009 in Sildavida were: $36 billion.

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