What are quick assets? Give me some examples
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Answer / shivi
Quick asset r those assets that can be converted into cash without any loss or delay.
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Answer / k. babu
the assets which we can convertable in to cash with in short
period it is called quick assets.
ex: cash
short term,investments
prepaid expences
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / s.durga prasad
quick assets means can be not converted with in short term.
quick assets=current assets-stock\pre paidexpens
------------------------------------
current labalities
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