Homework Help: Accounting

Posted by Mike on Wednesday, May 5, 2010 at 2:27pm.

Which of these assets are "quick assets"?

-Cash and cash equivalents
-Short-term investment
-Trading assets
-Accounts receivable
-Inventories
-Deferred tax assets
-Other current assets

I am thinking "cash and cash equivalents" and "accounts receivable" are, but I'm not sure about the rest. Could someone help me? Thank you.

Accounting - SraJMcGin, Wednesday, May 5, 2010 at 9:36pm
See the following search on "quick assets:"

http://search.yahoo.com/search?fr=mcafee&p=+what+are+quick+assets

Sra

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