Quick assets form part of the current assets, and current assets include inventories as well. Therefore, to calculate the quick asset, inventory must exclude or deduct from the value of the current assets. Quick
The differences between current ratio and quick ratio are the way in which they're calculated and the applications they're best...
What is the difference between terabytes and tebibytes? While terabyte uses the decimal system and equals 1 trillion bytes, tebibyte (TiB) uses the binary system and equals 1,099,511,627,776 bytes. The binary system is commonly used in computing, but the decimal system is still prevalent wh...
Quick Ratio=Cash+Cash Equivalents+Current Receivables+Short-Term InvestmentsCurrent LiabilitiesQuick Ratio=Current LiabilitiesCash+Cash Equivalents+Current Receivables+Short-Term Investments If a company’s financials don’t provide a breakdown of its quick assets, you can still calculate ...
“What is the difference between contract asset and an account receivable? I know that contract asset is a new term under IFRS 15, but I just don’t understand when we should account for a contract asset and when to account for a trade receivable. Isn’t it the same?” IFRS Answer: ...
1. What is the difference between book value and market value? Which should we use for decision making purposes? 账面价值和市场价值有什么区别? 我们应该使用哪个进行决策? Book value levels to the historical cost of assets and liabilities in the balance sheet while market value refers to the mark...
They are often classified as a noncurrent liability and the company is obligated to pay and fill the gaps as and when the need arises. Deferred tax liability: This represents taxes that are accrued but not yet paid. Deferred tax liability often arises from the gap between when the tax is ...
Difference Between IaaS, PaaS, and SaaS - Explore the key differences between IaaS, PaaS, and SaaS. Understand their features, advantages, and how they fit into cloud computing.
The technology behind how our devices connect to the web is evolving. Now, we must keep our finger on the pulse. That’s why we’ll explain the difference between IPv4 and IPv6 and tell you why so many changes are happening. Who wins this round: IPv4 vs IPv6?
I had no idea that Google differentiates between the two mods in some way. Reply Lorenzo Maintenance mode does it arms SEO for longer periods? I mean if you make a quick change, it won’t hurt your website but what if you have problems and you need to keep the website in ...