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Sell through the most efficient means possible.
- Let a large number of potential buyers know of the offering
- Reduce marketing and selling cost
- Reduce shipping and other costs of sale
Ebay and Amazon marketplaces are pretty good examples of all of the above.
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∙ 12y ago
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What is it called when you convert assets to cash without serious loss?
asset liquidity
Refers to the ease with which you can convert assets to cash without serious loss?
Liquidity
How do you convert assets to cash without serious money loss?
Have you looked at www.convertassets.com - this is a digital pawn shop, a collector's corner and they are not expensive.
What assets are easily convertable into cash among current assets and liquid assets?
Marketable securities are those assets which can easily convert to cash when the need arise to convert them.
What is cash and items that can be quickly convert to cash called?
Liquid assets
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.
Asset accounts are listed in order of their liquidity?
The balance sheet lists assets in order of liquidity, from the most liquid assets (at the top) to the least liquid assets) at the bottom. Liquidity is how quickly the company can or expects to convert the asset into cash. The most liquid asset is, of course, cash. Therefore, the first asset account listed in the balance sheet is cash and cash equivalents.
What accounts the assts division should contain?
2 main typrs of assets : A- Current Assets B- nonCurrent Assets Current assets include Cash and any other items which can convert to cash within one year , Examples of Current assets are Cash , Acc. Rec. , Inventory , Prepaid Expenses NonCurrent Assets : items can't be easily Converted into Cash & will use for extended period of time B-NonCurrent Assets include 1-Fixed Assets " Tangible Assets " : Land, building , office furniture , vehicle ... 2- Intangible Assets : GoodWill , Patent , Trademark... 3- Long Term Investment : Bonds, Security & notes
What is the difference between current assets and quick assets?
Current Assets should be convertible into cash in the coming year. Quick assets are cash or are easily converted into cash (no liquidity or marketability issues).
What is a one word substitute for convert into cash?
Another term used for cashing out something valuable is to liquefy (usually assets) or liquidate.
What is core current assets?
Core current assets are the essential assets, without which a company can not function. Since these assets are crucial to the survival of the company, they are usually not sold to raise cash. This implies two things. Firstly, the core current assets are not liquid and secondly, if a company is selling core current assets to raise cash, it is in dire situation or even close to bankruptcy.
Are fixed assets a liability?
Fixed assets are not liabilities, they are assets that can not be quickly liquidated (turned into cash). If the company goes under, fixed assets would be difficult assets to get cash for.
