Given below are the examples of current Assets. Identify which of them is highly liquid?

Marketable securities Cash in hand Debtors Prepaid expenses

Cash in hand

Examples of current assets, in order of their liquidity, are as under. 1. Cash in hand/Cash at Bank 2. Marketable securities 3. Bills receivable 4. Debtors 5. Finished goods inventory 6. Work in progress 7. Raw materials 8. Prepaid expenses