Sentence examples for a current asset from inspiring English sources

The illusion is this: A government bond represents both a current asset and a future liability, yet for most people, those future tax payments feel less concrete and less real than the dollars they're holding in a money market account.

Typically, inventory is a current asset.

It's just like the current ratio, but inventory stores aren't counted as a current asset.

Non-current assets are defined as any asset which is not a current asset.

Add up all accounts which meet the definition of a current asset to come up with a subtotal.

In accounting terminology, any asset that the company has held for fewer than 12 months is a current asset.

Using the example above, a current assets ratio of 2.08 is probably healthy.

You will receive the payments against the invoices in the normal fashion, but instead of having the payment go to the normal " Undeposited Funds " account, you will have to post it to a new Other Current Asset account called " Due from Factor".

As the receivables are projected to be high in the first year, and stem from prime quality customers, commercial banking lines of credit (or A/R factoring) should be easily obtainable supported by this current asset without a need for reliance on inventory.

This bears heavily on both the recovery and current asset underpinning for the quoted housebuilders.

What's your current asset allocation?