Accounting

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.

asked by Mike
  1. See the following search on "quick assets:"

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

    Sra

    posted by SraJMcGin

Respond to this Question

First Name

Your Response

Similar Questions

  1. Accounting

    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
  2. Accounting

    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
  3. Accounting

    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
  4. accounting

    Can anyone help explain what information would be found in each of the following groupings on a classified balance sheet, and how that data could indicate the future success or failure of a business?: Ø Current assets Ø
  5. Accounting urgent

    What would be considered quick assets out of Cash& Short term investments......$47.3 receivables.........159.7 inventories...........72.3 prepaid expenses&other current assets...32.0 total current liabilities..........130.0 total
  6. Finance

    Sunset, Inc., has a book value of equity of $14,340. Long-term debt is $8,300. Net working capital, other than cash, is $2,190. Fixed assets are $19,810 and current liabilities are $1,790. a. How much cash does the company have?
  7. Finance

    Risk exposure due to heavy short-term borrowing can be compensated for by: A. carrying more receivables to increase cash flow. B. carrying highly liquid assets. C. carrying illiquid assets. D. carrying longer term, more profitable
  8. Accounting

    Are "trading assets" and "deferred tax assets" considered quick assets? Thanks.
  9. Finance

    . Fill out the missing items on the Kim, Inc.’s balance sheet based on the ratios given below: Cash and marketable securities 800 current liabilities ? Accounts Receivables ? Long term Debt ? Inventory ? Equity ? Fixed Assets ?
  10. Finance

    Fill out the missing items on the Kim, Inc.’s balance sheet based on the ratios given below: Cash and marketable securities 800 current liabilities ? Accounts Receivables ? Long term Debt ? Inventory ? Equity ? Fixed Assets ?

More Similar Questions