What does the rate of return on total assets measure, and how is it calculated? Here is your first question: Explain what current assets and fixed assets are and give as many examples as you can for each. What is the difference between tangible and intangible assets? Liabi...
Assets:Assets refer to income-generating items in a company. Assets are generally classified as either: Current assets. Fixed assets.Answer and Explanation: (a) Define current assets. Current assets refer to the assets that are expected to be converted into...
What are assets? Learn the meaning of an asset, the difference between personal and business assets, and who can own assets. See a list of asset...
If an organisation has more liabilities than assets, its equity is in deficit and the assets are underwater, meaning the assets' liabilities exceed their value. It's usually beneficial for an organisation to have positive equity, as it means the organisation can afford its debts. Accountants ...
What are assets? Learn the meaning of an asset, the difference between personal and business assets, and who can own assets. See a list of asset...
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...
What is the definition of liquid assets?A liquid asset enables a firm or an individual to have access to cash immediately. Cash is by definition liquid, which explains why the forex market is widely considered as the most liquid exchange market globally with more than 5 trillion of dollars be...
Although current assets are important, they are just one part of a company’s overall financial position. They only really have meaning when looked at in context. In particular, they need to be compared to a business’ current liabilities. Current liabilities are the obligations a business must...
Current assets are assets that can be converted into cash within onefiscal yearor one operating cycle. Current assets are used to facilitate day-to-day operational expenses and investments. As a result, short-term assets areliquid, meaning they can be readily converted into cash. Examples of c...
Current assets are liquid assets, meaning they can easily be converted to cash within a year. These include cash orcash equivalents, inventory, and marketable securities among others. These assets let businesses pay their short-term debts and liabilities and fund day-to-day operations. Noncur...