The Income|Outcome^® Contextuary

Liquid Assets calculation: Cash + Receivables + Short-Term Investments.

Example: The Round Number Company Cash = 20; Receivables = 40; Short-term Investments = 6 Quick Assets = 20 + 40 + 6 = 66

Liquid Assets include the Current Assets that can quickly (and easily) be converted to cash.

Also called Quick Assets.