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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).
Assets that can be converted to cash quickly. Short term treasuries, accounts receivable, inventories can all be considered quick assets.
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.Non-Current assets are assets that can't really be changed into cash quickly, these can include land, buildings, Notes Receivable, etc.
Currents assets are assets that can quickly be turned into cash, therefore account receivable is because debtors can pay off their debt or the company can factor it and Property and equipment are difficult to turn into cash as you first have to find the suitable buyer and reconsider for sales
Currents assets are assets that can quickly be turned into cash, therefore account receivable is because debtors can pay off their debt or the company can factor it and Property and equipment are difficult to turn into cash as you first have to find the suitable buyer and reconsider for sales
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).
Simply answered, it means cash or assets that can quickly and easily be converted to cash.
Liquid assets
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.
liquid
Simply answered, it means cash or assets that can quickly and easily be converted to cash.
Assets that can be converted to cash quickly. Short term treasuries, accounts receivable, inventories can all be considered quick assets.
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.Non-Current assets are assets that can't really be changed into cash quickly, these can include land, buildings, Notes Receivable, etc.
Simply answered, it means cash or assets that can quickly and easily be converted to cash.
liquidity
Currents assets are assets that can quickly be turned into cash, therefore account receivable is because debtors can pay off their debt or the company can factor it and Property and equipment are difficult to turn into cash as you first have to find the suitable buyer and reconsider for sales
Liquidity :P BB