it had $143 million in the Current Assets account it could convert to cash within one year.2This short-term liquidity is vital—if Apple were to experience issues paying its short-term obligations, it could liquidate these assets
Current Assets is a financial metric that represents the value of all assets that can reasonably be expected to be converted into cash, sold, or consumed within one year.
A fixed asset is a type of noncurrent asset. Noncurrent assets include a variety of assets, such as fixed assets, intellectual property, and other intangibles. In general, a fixed asset is a physical asset that cannot be converted to cash readily. Fixed assets include property, plant, ...
Cash and equivalents:These are the most “current” out of all current assets because they are liquid. An investment counts as a cash equivalent when it has a short maturity of 90 days or less and carries an insignificant risk of the value not being realized. If the maturity is more than...
A current asset is something a business owns that's expected to turn into cash within a year. They differ from capital assets in that they're likely to be sold.
Get the lowdown on current assets. Learn what they are and why they’re important – without hurting your brain. Get your accounting question answered.
Types of Current Assets Understanding what types of assets you have will give you a clearer idea of which ones can be converted to cash to fund your business endeavors. Cash Cash is the primary current asset, and it‘s listed first on the balance sheet because it’s the most liquid. It...
Current Assets | Definition & Examples from Chapter 3 / Lesson 8 181K What are current assets on a balance sheet? Learn the definition of an asset and see current assets examples. Compare current assets to noncurrent assets. Related to this QuestionHow...
One characteristic that all short-term assets have is that they are fairlyliquid. Cash being the most liquid of all assets is readily tradable for other resources. Other current assets, like accounts receivable and inventory, are readily converted into cash and can be used to pay for operational...
百度试题 结果1 题目What is the accounting equation? A. Assets = Liabilities + Equity B. Assets - Liabilities = Equity C. Equity = Assets - Liabilities D. All of the above 相关知识点: 试题来源: 解析 D 反馈 收藏