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Yes... technically it would be a Current Asset.
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∙ 15y ago
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Is inventory considered a quick asset?
No. Quick assets must be one step or less to convert to cash. Quick assets are cash (doesn't need to be converted), A/R and temporary investments (cash just needs to be collected). Inventory is considered a current asset, but not a quick asset, because it requires two steps to convert to cash. It must be sold, and then the cash must be collected.
Is investment considered as current asset?
No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.
Is short term investments an asset?
yes it is
What is the difference between asset management and strategic asset management?
"Strategic asset management" could refer to "strategic asset allocation", i.e. long-term asset allocation - whereas "tactical asset allocation" refers to short-term investments.
What is the difference between an Operating asset and a financial asset?
A financial asset are short term investments in private equity, bonds, hedge funds, and other type of securities. Operating assets are investments that include all internal and external factors within a company. Operating assets hold more value than a financial asset.
Temporary investments are recorded at cost but and reported at?
fair market value
What is a asset manager?
Asset management, refers to a financial system that maintains things of value to a person or group. Therefore, an Asset Manager is someone looking after and maintaining the assets and investments on behalf of others.
Is service rendered considered an asset or owner's equity?
an asset
what is a example of an asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What is an example of a current asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What are the top asset management companies?
There are many asset management companies. Some of the top asset management companies are Capital Group Companies, Vanguard Investments, Sanford C. Bernstein and Company, SG Asset Management, Newton Fund Managers Ltd.
What does an asset management company do?
An asset management company takes care of a customer's financial investments by investing in a variety of securities. They diversify a customer's portfolio according to their personal needs.
