What are quick assets? Give me some examples
Answer Posted / lakshman001
Quick Assets are those which can be converted into cash
quickly.
Quick Assets = current assets - (stock + prepaid expenses).
Current assets are those which can be converted into cash
with in a period of 12 months.
| Is This Answer Correct ? | 48 Yes | 4 No |
Post New Answer View All Answers
Say you knew a company's net income. How would you figure out its "free cash flow"?
What is 'custom duty'?
What are the main duties and responsibilities of a finance executive?
What is effect of demonetization on your household, in particular?
If you get a better job in Public Sector (IAS/PCS Etc.), will you leave us?
What is 'nostro account'?
What Are The Advantages Of Derivatives?
what is cbt in bank explain it???
What are the differences between cost accounting and financial accounting?
When Shares Applications Are Received, What Entry Will Be Passed?
what is the limitations of cash credit account
what happend to the DLF co. during recession why the slow down in it's share and comapny also?
What do you think is going to happen with interest rates over the next six months?
What id FDI and FII?
What Is Payday Loan?