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May 11, 2021
Thus, they might have to rely on alternative measures, such as increasing sales, to meet their current liabilities. On the same note, the accounts receivable should only consist of debts that can be collected within a 90-day period. Working capital is used to finance a company’s day-to-day operations and a lack of it can lead...
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The most likely quick assets are cash, marketable securities, and accounts receivable. Quick assets are not considered to include non-trade receivables, such as employee loans, since it may be difficult to convert them into cash within a reasonable period of time. Analysts most often use quick assets to assess a company’s ability to satisfy its...
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