These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...
Assets help keep a business afloat. They can be sold during lean times, used as collateral during expansion and help produce a healthy balance sheet. Business assets range from cash on hand to ...
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There’s no universal safe or danger level. Ideal current ratios vary by industry. A current ratio of 1.0 means the company has $1 in current assets for every $1 in current liabilities. A ratio below 1 ...
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