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Fluctuating crrent assets is the assets which haven't direct relationship with sales!

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13y ago

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What are net current assets?

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


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.


What cause of two year different current assets?

Normal business operation will cause the differences in two years of current assets. Any company in business is in business to earn money, therefore current assets are constantly changing with purchses, sales, etc. If current assets constantly stayed the same from year to year, then the business would not be doing much turnover and would be bankrupt very quickly.A merchandising business for example buys and resales merchandise, therefore they purchase Inventory, sale the Inventory, purchase more Inventory, fluctuating the current assets constantly.The paying of expenses also decreases assets (cash), expense are what keeps a business in business.


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


Sam reported total assets of 1903000 and non current assets of 894410 He also reported a current ration of 1.60 What amount of current liabilities did he report?

Current assets = total assets - long term assets Current assets = 1903000 - 894410 Current assets = 1008590 Current ratio = 1.6 Current ratio formula = Current asset / Current liabilities 1.6 = 1008590 / Current liabilities Current liabilities = 1008590 / 1.6 Current liability = 630369


Are intangible assets included in current assets?

Intangible Assets are not included in current assets. They are usually listed under Other Assets.


Are current assets debit or credit items?

Current assets are debit as all assets has default balance debit so current assets as well and these are shown under current assets section of balance sheet.


What is the current assets?

Current assets are assets that are likely to be converted into cash within the operating period. Another way to put it is current assets are the most liquid assets of a company. These mainly consist of the following:Cash and Marketable SecuritiesAccounts ReceivableInventoriesOther Current Assets