Balance Sheet Definition: A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic ...

Liquid assets can be cash or possessions that can ... Marketable securities appear on the balance sheet. Is an Emergency Fund a Liquid Asset? Yes. The money is ideally segregated in a separate ...

The quick ratio uses only the most liquid current assets that can be converted to cash in a short period of time. The acid test, or quick ratio, involves assessing a company's balance sheet to see ...