Fixed assets liquidating current assests


04-Mar-2020 12:09

Current assets are typically liquid assets which will be converted into cash in less than a year.Noncurrent assets refer to assets and property owned by a business which are not easily converted to cash.Fixed assets are particularly important to capital-intensive industries, such as manufacturing, that require large investments in PP&E.

fixed assets liquidating current assests-74

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The purchase of fixed assets represents a cash outflow to the company, while a sale is a cash inflow.Current assets include cash and cash equivalents, accounts receivable, inventory, and prepaid expenses.



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