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Issue:

Business

 

Written by:

Mary W

 

Date added:

June 8, 2015

 

Level:

University

 

Grade:

C

 

No of pages / words:

2 / 412

 

Was viewed:

2607 times

 

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Essay content:

This information can tell whether a company has enough assets to pay debts as they come due. Current assets would include; cash on hand, short term investments, accounts receivable, inventories, supplies, and prepaid insurance. Current assets that are expected to be converted to cash or used up with in one year...
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A company can use a period longer than one year to classify assets and liabilities as a current asset, because they have an operating cycle of longer than one year. Operating cycles is used to determine the time it takes to; purchase inventory, sell, and then collect money from the customers. For most businesses, (Wal-Mart, Grocery Stores, ect) it takes less than a year...
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