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What are Current Assets?

August 7, 2021 admin Comments Off on What are Current Assets?

Companies rely on assets to help them generate revenue and become profitable. Some assets are long-term, while others are current. What are current assets? These are a company’s assets used in normal business operations and expected to be sold or used in less than one year. Specifically, these assets are a representation of the company’s immediate ability to pay its bills and sustain operations.
However, it’s a broad term that can encompass a wide array of valuable holdings. When evaluating a company’s current assets, it’s important for investors to understand these assets not only in terms of what they are, …read more […]