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what is the quick asset
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Answer / ashid puzhakkal, m.com.,b.ed.
Quick Assets= Current Assets-(Inventories+Prepaid Expenses)
Quick assets are liquid assets. The ideal quick ratio is 1:1
| Is This Answer Correct ? | 14 Yes | 2 No |
Answer / alok chandra ray (m.com & mba-
Quick Assets are ABSOLUTE LIQUID ASSETS which can be easily
converted into cash immieduately.Cash/Bank & Short term
inventories are the examples of this category.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / sreeramulu
assets that can be easily converted into cash or are
already in cash form. it is calculated as current assets
minus inventories.
| 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 ? | 4 Yes | 0 No |
Answer / ami
Quick assets is such type of assets which can easily &
quickly be Converted into cash without any hinderness
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sathish
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 ? | 1 Yes | 1 No |
Answer / nimmasudhakar reddy
which assets easily converted in to cash which are quick
assets also kown as liquid assets . like that ..shares ,
bonds , short term investments and stoks etc
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / arun kumar
Quick assets are those assets which can be converted into
cash quickly
Calculation of Quick Assets
Quick Assets= Current Assets-(Inventories+Prepaid Expenses)
| Is This Answer Correct ? | 0 Yes | 0 No |
Quick asset is also called as liquid asset.
The Asset which is convertable into cash in short period
means less then one year is called Liquid Assets.
Example:All the current Assets Except Stock and prepaid
epenses.
| Is This Answer Correct ? | 0 Yes | 0 No |
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