Answer:
Asset Most Liquid : The funds in a savings account
Second-Most Liquid: A bond issued by a publicly traded company
Third-Most Liquid: A $5 bill
Least Liquid: A boat you own
Explanation:
Liquidity it's define as the speed of an assets to be converted to cash,
the assets that take less days to buy or to sold are more liquid than others.Cash it's the assets most liquid then are different types of assets that take more or less time to convert in cash.
The funds in a savings account , it's almost cash because the availability of the money is instantaneous.
A bond issued by a publicly traded company, the second most liquid asset is not instant cash, but it's possible to obtain money in a short period of time.
A $5 bill, to obtain this money it's necessary to wait until the invoice expires to collect the money, sometimes it's possible to get the money but carries some cost.
A boat you own, It is the least liquid asset because it is necessary to find a boat buyer and then start the paperwork to sell it.
