Four students are presented with this set of assets: a three bedroom house; banknotes and coins in a purse; money held in a bank savings account; shares in a public limited company. They must rank the assets from the most liquid to the least liquid, and the table gives their answers. Which student is correct?
- Amost liquid: notes and coins; savings account; shares; house
- Bmost liquid: notes and coins; savings account; house; shares
- Cmost liquid: notes and coins; shares; savings account; house
- Dmost liquid: savings account; notes and coins; shares; house