Concept:Liquid capital refers to assets that can be quickly converted into cash without losing much value.
Explanation:In a business, liquid capital is also called working capital or fluid capital.
It includes cash in hand, bank balances, and short-term investments.
Movable assets like machinery or vehicles are not always easily converted to cash.
Authorised capital and issued capital are related to shares, not liquidity.
Therefore, liquid capital means assets easily convertible to cash.
Answer:D. assets easily convertible to cash