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xz_007 [3.2K]
3 years ago
14

Prompt What is the difference between liquid and illiquid assets?

Business
2 answers:
Lynna [10]3 years ago
4 0

Answer:

Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. While on the other hand, Illiquid or fixed assets are possessions of value that are held long-term such as a home, land or equipment.

Hope this helps

Volgvan3 years ago
4 0

Answer:

Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. ... Illiquid or fixed assets are possessions of value that are held long-term, such as a home, land, or equipment

Explanation:

I think it will help But if im wrong Its ok:)

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Evaluate the following statement. "We shouldn’t generalize from what people do in the ultimatum game because $10 is a trivial am
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Answer:

People behavior with lump sum amount:

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3 years ago
Besides the actual mortgage payment, which also factors into the monthly payment on a home?
Pie
Aside from the actual mortgage payments, you also pay for your monthly property taxes, homeowner's insurance, and home repairs.

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5 0
3 years ago
Read 2 more answers
Elmer’s utility function is U(x, y) = min{x, y2}. If the price of x is $25 and the price of y is $15 and if Elmer chooses to con
Arte-miy333 [17]

Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

U(x, y) = min{x, y2}

Price of x is $25

ANd, the prcie of Y is $15

So,

25X + 15Y = M

if Y = 7,

So,  

At eqm, X = Y^​​​​​​2 = 49

Then ,

M = 25 × 49 + 15 × 7

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Hence, the income is $1,330

The same should be relevant and considered too

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