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Liquid Assets |
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Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable. Although the ownership of real property is considered an asset, it is not a liquid asset because it cannot be readily converted into cash upon sale. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Although averages vary, some experts say that annual revenue should be about 130 percent of the total liquid assets. The Congressional Budget Office released a paper last week which signaled only 8% (138) of estates of farmers who left enough assets to owe estate taxes faced a tax payment that exceeded their liquid assets. or those with at least $1 million in financial or liquid assets, jumped to 2. |
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