Liquidity refers to the degree of readiness of conversion of an asset into cash. true or false

The statement is True.

Step-by-step explanation:

Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price. A liquid asset is cash on hand or an asset that can be readily converted to cash. An asset that can readily be converted into cash or is similar to cash itself because the asset can be sold with little impact on its value.

Hence, the given statement is TRUE. (Liquidity refers to the degree of readiness of conversion of an asset into cash).

Intersecting secant-tangent theorem states that if a tangent segment and a secant segment are drawn to a circle from an exterior point, then the square of the measure of the tangent segment is equal to the product of the measures of the secant segment and its external secant segment.so to break it down: 1. pq acts as the tangent and ps as the secant with an intersection at p.sr = 21rp = 3x + 3pq = 4x + 4following to equation: tangent squared = the two segments multiplied by each otherso (4x + 4) ^ 2 = (3x + 3) • (21) simplifies to 16x^2 - 31x - 47 = 0 or (16x - 47)(x + 1) x = -1 or x = 47/162. pq acts as the tangent and ps as the secant with an intersection at p (again! )sr = 16rp = xpq = 15(15) ^ 2 = 16 • x225 = 16xx = 225/163. the interesting chords are proportional to each other so a ratio is possible to set up: ap dp 10 3 + x = = —— = pc pb 8 xcross multiple to get 10x = (3 + x)(8)x = 12