Answer. Answer: Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.
A current asset is an asset that a company holds and can be easily sold or consumed and further lead to the conversion of liquid cash. For a company, a current asset is an important factor as it gives them a space to use the money on a day-to-day basis and clear the current business expenses.
The answer is (c) Bonds.
Current assets=Cash+Cash Equivalents+Inventory+Accounts Receivable+Market Securities+Prepaid Expenses+Other Liquid Assets.
Current assets include: cash, marketable securities, receivables, inventory, and prepaid items.
A current asset is cash or other assets expected to be realized in cash or sold or consumed during the operating cycle or within the year, whichever is shorter.
Current assets do not include: Inventories. Cash and cash equivalents. Trade receivables.
Definition of Current Assets Current assets are those resources which a company owns and expects to convert into cash during a financial year. These get sold, exhausted or consumed due to the ordinary course of operations of the business.
Current assets are short-term assets that are typically used up in less than one year. Current assets are used in the day-to-day operations of a business to keep it running. Fixed assets are long-term, physical assets, such as property, plant, and equipment (PP&E). Fixed assets have a useful life of more than one year.