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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.

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Virgil Connelly

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2y ago

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Is there any example for current assets?

examples for current assets?


What are the example of non current assets?

non current assets are like land, building machinery premises etc


What is the difference between assets and fixes assets?

Assets have of two types Current Assets Non-Current/ Fixed Assets Current Assets are those which company utilizes in one fiscal year for example, material, Fixed assets are those assets which company utilizes for more than one fiscal year for example, machinery, plant, equipment etc


What is the example of non current assets?

notes receivable


What are net current assets?

Formula for net current assets :net current assets = current assets - current liabilities


Distinguish fixed from current assets?

current assets are those assets which can be easily converted into cash while fixed asstes can not be easily converted into cash example fixed= land, building, machinery current= debtors , bill receviables


What is the difference between current assets vs total assets?

Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets


What are permanent current assets?

Permanent current assets are current assets that are replaced with like assets within one year.


How do you find the percentage of current assets to total assets?

percentage of current assets to total assets


Are investments current assets or other assets?

If investments are for short term then these are current assets but if these are for long term then non-current assets.


Fixed assets to current asset ratio?

fixed assets / current assets


Is accounts receivable a current or non current assets?

Current assets