An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...

Understand what the current ratio measures, why it matters, and how to use it to assess and improve short-term liquidity.

E. Napoletano is a former registered financial advisor and award-winning author and journalist. Michael Adams is a former Cryptocurrency and Investing Expert Editor at Forbes Advisor. He's researched, ...

Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

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Patenting an invention is something to be proud of. From your accountant's perspective, a patent isn't merely an achievement; it's either an asset or an expense. Like copyright and other intangible ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. While your company focuses on selling your products or ...