Kittyuyg Kittyuyg
  • 12-02-2021
  • Business
contestada

why do businesses think that money in their bank accounts is part of their cash total?

Respuesta :

futurefilmmaker55 futurefilmmaker55
  • 12-02-2021

Answer:

Because liquid assets are a part of the entire wealth/value of a company.

Explanation:

If Jeff Bezos has 60 billion of dollars worth of assets like buildings and physical investments, that isnt his total wealth, you have to count in his liquid cash as well.

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