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
What are the advantages of 'debit card'?
How Much Do You Depreciate An Asset And When?
Tell something about prime lending rate?
Will Bankruptcy Affect My Credit?
What is LAF?
Is it possible to restrict the premium payment for a lesser number of years than the duration of the policy?
What is 'nicnet'?
Define repo rate?
Tell the name of the rbi governor of india?
Give one point of difference between debit card and the credit card?
What do you understand by CSR?
Tell something about current Five Year Plan?
Expand BSBDA.
What Is Overdraft Protection?
Explain overall profitability group ratios.