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What is the difference between total current assets and total current liabilities is?
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
The ratio of current assets to current liabilities is called the?
The ratio between current assets to current liability is called "Current Ratio".
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
Define deferred tax?
Deferred tax is the future tax liability or assets. It could either be tax liability or tax assets totally depending on the temporary difference which means the difference between book value and tax valued.
What is difference between gross working capital and net working capital?
Gross working capital is the amount company invested in current assets while net working capital is the difference between current assets and current liabilities.
What is the difference between total current assets and total current liabilities is?
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
Difference between net worth and working capital?
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 ratio of current assets to current liabilities is called the?
The ratio between current assets to current liability is called "Current Ratio".
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
Define deferred tax?
Deferred tax is the future tax liability or assets. It could either be tax liability or tax assets totally depending on the temporary difference which means the difference between book value and tax valued.
What the difference between current assets vs total assets?
Current assets are assets include assets that will converted into cash or consumed in the current operating period while total assets include all assets regardless of when they will be converted to cash or consumed.
What is difference between gross working capital and net working capital?
Gross working capital is the amount company invested in current assets while net working capital is the difference between current assets and current liabilities.
What is the difference between total assets and current assets in a company's financial statements?
Total assets include all of a company's assets, both current and non-current, while current assets are a subset of total assets that can be easily converted into cash within a year.
How do you calculate overdraft?
it is the difference between current assets and current liabilities which is the working capital gap
What is the difference between current assets and quick assets?
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).
Is expenses owing a current liability or a current asset?
expense owing is a current asset
What are the Journal entries for a sale of subsidiary?
There are several important journal entries for the sale of a subsidiary. These include: Fixed assets, current assets, current liability, deferred tax liability, and goodwill.
