What is cash and other assets that can be converted into cash within a year called?
A)Liquid assets
B)Convertible assets
C)Working assets
D)Fixed assets
E)Current assets

Name: What is cash and other assets that can be converted into cash within a year called? A)Liquid assets B)Convertible assets C)Working assets D)Fixed assets E)Current assets
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Question

Quizplus · Accepted Answer

Current assets are cash and other assets that are expected to be converted into cash or used up within one year.

What Is Cash and Other Assets That Can Be Converted