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Is royalty current asset

Updated: 9/19/2023
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Wiki User

12y ago

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If the Royal Family is part and parcel with the government and political system, then it turns out to be important. Imagine if the British Royal Family was no longer the Monarchy of the UK, then all 16 common wealth countries would no longer be part of the common wealth, because a new UK government would more or less take over the running of the UK and all 16 common wealth nations would have to reorganize their governmental systems too.

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Laurie MacFarlane Vi...

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3y ago
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12y ago

No royalty is not an current assets.

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Q: Is royalty current asset
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