what is quick asset
Answers were Sorted based on User's Feedback
Answer / nagaraj goud
Assets that can be easily be converted into cash or are
already in cash form. It is calculated as current assets
minus inventories.
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / ashid puzhakkal
QUICK ASSET=CURRENT ASSET-(INVENTORIES+PREPAID EXPENSES)
CURRENT ASSETS ARE ASSETS WHICH CAN CONVERTED INTO CASH
WITHIN A YEAR
THE IDEA QUICK RATIO IS 1:1
QUICK RATIO IS ALSO KNOWN AS ACID TEST RATIO,LIQUID RATIO
ETC
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / charu
Cash and other assets which can or will be converted into
cash fairly soon, such as accounts receivable and
marketable securities; or equivalently, current assets
minus inventory.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / rajesh
quick assets are those which can be easily converted into
cash is called quick assets
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / m.ravi kanth
These are the asserts which can be easily converted into
cash in a short period of time . quick asserts indicates
the liquidity position of the company or a firm.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / subbu
quick asset is shart term asset-stock,cash,recivable this
is the quick aset.it is used for before one year
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / harsh gupta
SIMPLE,QUICK ASSET= CURRENT ASSETS-(STOCK +PREPAID EXPS.),WE CAN SAY ALSO LIQUID ASSETS.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / nagaveni.c
quick assets means these assets which are converted into
cash without any loss within the year
Is This Answer Correct ? | 0 Yes | 3 No |
Answer / k.praveen kumar
quick assets or current assets this is same word
Is This Answer Correct ? | 4 Yes | 12 No |
EXPAND___________MHRD
In tally drawing accounts come under which account
Who Invented Accountancy??
How can I explain p2p process in SAP?
Hi Friends, Please Help me! at the time Interview I feel very nervous, how to come out from nervous & what are question I expect for Accounts Executive level Interviews? Please Give me some suggessions, Thank U.
EXPAND___________INTUC
Expand---------MRDT
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
What is the Difference between hire purchase and a finance Lease?
what is mean by credit purchase?
what is the procedure to get the duplicate Cform in case the original is lost in transit.