What are examples of current assets?
Some examples of current assets include cash, cash equivalents, short-term investments, accounts receivable, inventory, supplies, and prepaid expenses.
What are 10 examples of current assets?
Current assets include: cash, marketable securities, receivables, inventory, and prepaid items. Include items such as notes receivable, government bonds, bonds and capital stock of corporations, and other securities.
Which of the following is a current asset?
Current assets include cash and cash equivalents, accounts receivable, inventory, marketable securities, prepaid expenses. and other liquid assets that can be readily converted to cash.
What are'current assets'?
What are 'Current Assets'. The term current assets represents all the assets of a company that are expected to be conveniently sold, consumed, utilized or exhausted through the standard business operations which can lead to their conversion to a cash value over the next one year.
What is the formula for current asset?
The formula for current asset involves the addition of cash, accounts receivable, inventory, marketable securities, prepaid expenses, and all other liquid asset. Cash is the most liquid current asset. As discussed earlier, the assets that can be quickly and easily converted into cash are current asset. There is no need for cash to be converted.