liquid asset can be converted into cash within a very short span of time...
liquid asset can be converted into cash within a very short span of time...
Working capitol is the difference between net asset and current asset.
assests means
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
The least liquid asset that most people have is their house.
The current asset is also called the liquid asset, it refers to property that can be easily converted to cash.
Working Capital is the difference between Current Assets and Current Liabilities.Net Worth is Total Assets -Total Liabilities current asset-current Liability=Working Capital working Capital Plus+Fixed Asset-LongTerm Liabilities = Net Worth in another word: (Current Asset+Fixed Asset)-(current Liability+Long Term Liability)= Net Worth Now you got it ?
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
What is the difference between fixed asset and inventory
Book Value is the difference between the cost of an asset and the accumulated depreciation of that asset.
Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.
plant assets comes under non current assets. now non current assets are those which are not easily feasible in cash like land, building or other fixed properities.