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Current assets are also known as
Cash
Assets
Net working capital
Gross working capital
- Current assets refer to assets that are expected to be converted into cash, sold, or consumed within one year or a business's operating cycle, whichever is longer.
- Option 1: Cash
- Cash is a component of current assets.
- Option 2: Assets
- Assets are resources owned by a company, but "assets" alone isn't specific to current assets.
- Option 3:Net Working capital
- Net Working capital is calculated as current assets minus current liabilities, but isn't another name for current assets.
- Option 4: Gross working capital
- Gross Working capital is total of all assets that are convertible to cash within a year or less
By: santosh ProfileResourcesReport error
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