Current assets
Current assets
Glossary of business
Definition of current assets
Current assets are short-term assets. They are assets that can be converted into cash within a year. The min types of current asset shown on a firm's balance sheet are stock, debtors and cash. Of these, debtors and cash are the most liquid (easiest to convert to cash) as stock may often be difficult to convert to cash quickly.
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Terminology about business
Job world
Definition and meaning of current assets
Meaning of current assets
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