And take long to be sold

Can be sold quickly

Stocks

Bonds of other companies

Land

Buildings

Money market certificates

Government securities

Machinery

Stocks

Bonds

Government securities

The cost of merchandise that's been acquired for sale to customers and is still on hand

Prepaid expenses

Mecharchandise inventory

Money market certificates

Intangible Assets

Fixed Assets

Current Asset s

Retained in the business instead of paid out as dividends to stockholders.

Any economic resource that is expected to benefit a firm or an individual who owns it.

The amount paid for an existing business beyond the value of its other assets.

Lenders want to know the amount of owners' equity in a business.

The ease of converting them into cash.

The cost of obtaining rights or privileges such as patents, trade-marks, copyrights, and franchise fees.

Assets that have long-term use or value to the firm, such as land, buildings, and machinery.

Include cash, money in the bank, and assets that can be converted into cash within a year.

Depreciates

Increases

The ease and speed with which an asset can be converted to cash; cash is said to be perfectly liquid.

Merchandise inventory, the cost of merchandise that's been acquired for sale to customers and is still on hand and prepaid expenses (supplies on hand and rent paid for the period to come).

Payments due to the suppliers

Payments due to the managers

Payments due to the company

The amount of money that owners would receive if they sold all of a company's assets and paid all of its liabilities.

Determining an asset's useful life in years, dividing its woth by that many years, and then subtracting the resulting amount each year.The asset's remaining value therefore decreases each year.

Net profits minus dividen payments to shareholders.