what is p.Stevens total current assets?
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Current assets are all the assets of a company that are expected to be sold or used as a result of standard business operations over the next year. Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.
Current assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Marketable Securities + Prepaid Expenses.
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What is total current assets
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Total current assets
- Any asset that can be reasonably expected to be sold, consumed, or expended through regular business operations within the current fiscal year, operational cycle, or financial year is considered a current asset.
- On a company's balance statement, total current assets are the sum of all cash, receivables, prepaid expenses, and inventory.
- The total of all cash, receivables, prepaid expenses, and inventory listed on a company's balance sheet is known as total current assets.
Current assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Marketable Securities + Prepaid Expenses.
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