Are marketable securities quick assets?

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Boerger 0 Comments

What does marketable securities mean? Can you give an example? What is the difference between the marketable securities and cash and cash equivalents?

1 Answer

score 0 · Answer 1 · 2012-12-02T19:52:13+00:00

Yes, Marketable securities are highly liquid assets which are are recorded as current assets. Quick Assets is a term that is not widely used in accounting but it essentially means cash or anything that can be easily turned into cash. Marketable securities are securities that can be easily sold such as stock holdings from large listed companies.