35%
Current assets help managers determine a company's current liquidity. Liquidity means company's ability to meet its financial obligations. Marketability means a company's ability to liquidate an asset to cash within 12 months.
Current assets, or working assets, make money for companies. For example, a company uses cash to purchase inventory. The company sells the inventory, which turns into net receivables and then into cash. These assets generate money for the company.
Current assets, or working assets, make money for companies. For example, a company uses cash to purchase inventory. The company sells the inventory, which turns into net receivables and then into cash. These assets generate money for the company.
35%