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Current Assets |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.01 sec. |
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Current Assets Appearing on a company's balance sheet, it represents cash, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that can be converted to cash within one year. Notes: Current assets are important because it is from current assets that a company funds its ongoing, day-to-day operations. Current assets Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year. |
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? Mentioned in | ? References in periodicals archive | |
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Disabled American Veterans National Headquarters Unaudited Statement of Financial Position * June 30, 2005 Unrestricted Assets Current Assets $31,961,053 investments, at market 250,329,366 Land, buildings and Equipment, Net of Depreciation 12,325,859 Total Unrestricted Assets $294,616,278 Life Membership Assets Current Assets $6,845,700 Investments, at Market 53145679. Due to a last minute Balance Sheet reclassification of deposits in prepaid expenses to machinery and equipment on AAON's (Nasdaq:AAON) Balance Sheet at March 31, 2005, total current assets decreased by $1,347,000 from $61,031,000 to $59,684,000, while total property and equipment and net property, plant and equipment increased by the same amount to $89,508,000 and $50,608,000, respectively. |
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Current Assets
