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what is quick asset
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Answer / nagaraj goud
Assets that can be easily be converted into cash or are
already in cash form. It is calculated as current assets
minus inventories.
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / ashid puzhakkal
QUICK ASSET=CURRENT ASSET-(INVENTORIES+PREPAID EXPENSES)
CURRENT ASSETS ARE ASSETS WHICH CAN CONVERTED INTO CASH
WITHIN A YEAR
THE IDEA QUICK RATIO IS 1:1
QUICK RATIO IS ALSO KNOWN AS ACID TEST RATIO,LIQUID RATIO
ETC
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / charu
Cash and other assets which can or will be converted into
cash fairly soon, such as accounts receivable and
marketable securities; or equivalently, current assets
minus inventory.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / rajesh
quick assets are those which can be easily converted into
cash is called quick assets
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / m.ravi kanth
These are the asserts which can be easily converted into
cash in a short period of time . quick asserts indicates
the liquidity position of the company or a firm.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / subbu
quick asset is shart term asset-stock,cash,recivable this
is the quick aset.it is used for before one year
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / harsh gupta
SIMPLE,QUICK ASSET= CURRENT ASSETS-(STOCK +PREPAID EXPS.),WE CAN SAY ALSO LIQUID ASSETS.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / nagaveni.c
quick assets means these assets which are converted into
cash without any loss within the year
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / k.praveen kumar
quick assets or current assets this is same word
| Is This Answer Correct ? | 4 Yes | 12 No |
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