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


Please Help Members By Posting Answers For Below Questions

What is the portfolio management? How can it helpful for financial management?

636


What is Pradhan Mantri Suraksha Bima Yojana?

662


Share your views on women entrepreneurship?

642


What are the implications of OROP?

689


What is Rural Electrification Project?

723






Under which act were the state bank of india and its subsidiaries nationalised?

615


What Are Accrued Revenues And When Are They Recorded?

579


What is the role of angel investors?

951


What is Subsidiary Company?

650


Tell about current five year plan and newly formed NITI Aayog?

662


Name some of the most common actuarial software used in industry?

636


According to kyc guidelines which are the three documents that are mandated by rbi?

593


What strengths and experiences do you have that support your career aspirations?

3155


State some points of Union Budget 2017?

660


What are NBFCs?

754