Assets that a company expects to convert to cash to use within one year are called _________________.

Property plant and equipment

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Intangible assets

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Long term investments

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Current assets

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Solution

The correct option is A Current assets
Current assets : Assets which can be converted into cash easily within a short time say one year are called as current assets. Eg. Debtors, Inventories, short term investments,bank and cash balances etc.

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Similar questions

Q. A current is either cash or an asset that can be sold and be converted into cash within a year and is often used to pay off current liabilities.

___ refers to the investment in all the current assets such as cash, bills receivable, prepaid expenses, inventories, etc. These current assets get converted into cash within a year.

Current assets are those assets which get converted into cash:

(a) Within six months

(b) Within one year

(d) Between three and five years

Q. In a statement of cash flows, a company investing in short-term financing investments and in fixed assets results in ______________.

___is more integral to a firm’s business plan because it directly affects profitability. It is typically expensive and is used to purchase assets that have a long, useful life. This includes machinery, buildings or production plants, and other long-term investments.

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Assets that a company expects to convert to cash to use within one year are called _________________.

The correct option is A Current assetsCurrent assets : Assets which can be converted into cash easily within a short time say one year are called as current assets. Eg. Debtors, Inventories, short term investments,bank and cash balances etc.

The correct option is A Current assets
Current assets : Assets which can be converted into cash easily within a short time say one year are called as current assets. Eg. Debtors, Inventories, short term investments,bank and cash balances etc.