WAEC Commerce 2012 Objective — Question 29
Question 29 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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The assets of a business that is available as cash or near cash is called A. equity
- A. equity
- B. capital employed
- C. reserved capital
- D. liquid capitalCorrect
Explanation
Liquid capital is the assets that can be easily converted to cash.
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