Which of the following is a liquid asset?

A) Cash in a savings account
B) A swimming pool
C) Real estate
D) Stock held in a retirement account

Answer: A

Business

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Adding gourmet coffee stations to my convenience store is expected to increase sales of my

breakfast sandwiches; however, the sales of breakfast sandwiches should not be included in the evaluation of the gourmet coffee project because only relevant, incremental cash flows should be considered.

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Trust is confidence in, or reliance on, people in terms of what they say and do when working with others

Indicate whether the statement is true or false

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