Current assets are those assets which get converted into cash:

(a) Within six months

(b) Within one year

(c) Between one and three years

(d) Between three and five years

Open in App

Solution

Current assets are those assets which get converted into cash within one year.

Suggest Corrections

Similar questions

___ assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.

___ 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.

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

Current assets are those assets which get converted into cash

Q. Current assets are those assets which get converted into cash ____________.

Join BYJU'S Learning Program

Current assets are those assets which get converted into cash: (a) Within six months (b) Within one year (c) Between one and three years (d) Between three and five years

Current assets are those assets which get converted into cash within one year.

Current assets are those assets which get converted into cash:

(a) Within six months

(b) Within one year

(c) Between one and three years

(d) Between three and five years