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What is the difference between current asset and floating asset?
assets which is highly liquid or converted into cash in short duration, but floating assets is a particular assets converted into cash in short time
What is the difference between liquid assets and current assets?
liquid asset can be converted into cash within a very short span of time...
In balance sheet what is current assets?
Current assets are things which have monetary value and could be converted to cash in the short term e.g. stocks, cash, debtors. They would normally be things which could be converted to cash within 6 months. Anything longer than this would be considered a long term asset.
What are quick assets?
Assets that can be converted to cash quickly. Short term treasuries, accounts receivable, inventories can all be considered quick assets.
The ease with which hassets can be converted into cash is called?
no the reeal answer is the time machine that crosses the road will getting missisipi food for its aklaskin dragon..
What is the difference between current asset and floating asset?
assets which is highly liquid or converted into cash in short duration, but floating assets is a particular assets converted into cash in short time
What is the difference between liquid assets and current assets?
liquid asset can be converted into cash within a very short span of time...
What is the difference between current asset and liquid asset?
liquid asset can be converted into cash within a very short span of time...
A current asset may be cash or must be capable of being converted into cash with a relatively short period of time usually less than five years?
You have the first part right, current assets is cash or anything that can be converted to cash in a short period of time, however, that is "not" five years, a current asset must have the ability to convert into cash within ONE YEAR or LESS. Anything above one year is a fixed or long-term asset, not a current asset.
Is a certificate of deposit considered cash?
No. Certificates of deposit should be classified as cash equivalents or short-term investments. This is because there are usually restrictions or penalties on these securities when they are converted to cash.
What is cash turnover ratio?
Cash turnover ratio describes that how many time cash cycle has repeated in any fiscal year that means how many time inventory is purchased and converted to finished goods and cash is received from debtors.
Would idle cash in a bank checking account classified as a short term investment?
No, idle cash in a bank checking account is not considered a short-term investment. It is simply cash that is not being actively used or invested. Short-term investments typically refer to assets that are expected to be converted into cash within a year, such as Treasury bills or money market funds.
Is inventory a liquid asset?
no inventory is not including in liquid assets, because it can not be converted in to cash in limited time, some experts says that this time is of just 20 days. so it means that the assets which can be converted in to cash with in 20 days are liquid assets.
Why are investments usually regarded as current assets?
As they can be converted into cash within a short period, investment in securities is considered as current assets.
In balance sheet what is current assets?
Current assets are things which have monetary value and could be converted to cash in the short term e.g. stocks, cash, debtors. They would normally be things which could be converted to cash within 6 months. Anything longer than this would be considered a long term asset.
What are quick assets?
Assets that can be converted to cash quickly. Short term treasuries, accounts receivable, inventories can all be considered quick assets.
What do framers do with a cash crop?
The idea of a "cash crop" is that it is converted to cash, i.e., sold.
