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Finance 1. Fixed Assets - A semipermanent tangible  pluck of place that a firm owns and uses in the production of its income and is not evaluate to be consumed or converted into exchange some(prenominal) earlier than at least one years time. Fixed assets ar sometimes collectively referred to as plant. Buildings, real estate, equipment and article of furniture atomic number 18 good examples of fixed assets.  Gener completelyy, intangible asset long-term assets such as trademarks and patents are not categorized as fixed assets however are more than specifically referred to as fixed intangible assets. Read more: http://www.investopedia.com/ name/f/fixedasset.asp#ixzz208WYt5tX 2. catamenia Assets 1. A balance sheet account that represents the protect of all assets that are reasonably expected to be converted into cash within one year in the dominion contour of business. Current assets include cash, accounts receivable, inventory , marketable securities, prepaid expenses and former(a) mobile assets that prat be readily converted to cash.   2. In individualized finance, current assets are all assets that a mortal can readily convert to cash to pay swell debts and track liabilities without having to sell fixed assets. Read more: http://www.investopedia.com/ basis/c/currentassets.asp#ixzz20BRM7RhK 3.

Inventory The raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a businesss assets that are ready or will be ready for sale. Inventory represents one of the shut to important a ssets that most businesses possess, because! the turnover of inventory represents one of the  uncreated sources of gross generation and subsequent earnings for the companys shareholders/owners. Read more: http://www.investopedia.com/ term/i/inventory.asp#ixzz20BR5Gk62 4. Liability In fiscal accounting, a obligation is defined as an obligation of an entity arising from past tense minutes or events, the settlement of which may result in the rapture or use of...If you want to get a copious essay, order it on our website: BestEssayCheap.com

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