Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
Current and Non-Current Assets and Liabilities
Q.1 Can we compare and contrast current assets and non-current assets? – discuss
Q.2 Can we compare and contrast current liabilities and non-current liabilities? – discuss
Q.3 Write a reply to responses for this article
Professor and class,
Current assets are assets that are expected to be converted to cash within a year. Noncurrent assets are those that are considered long-term, where their full value won’t be recognized until at least a year. The primary determinant between current and noncurrent assets is the anticipated timeline of their use. Current and noncurrent assets are listed on the balance sheet. They appear as separate categories before being summed and reconciled against liabilities and equities.
Examples of current assets include:
Cash and cash equivalents
Accounts receivable
Prepaid expenses
Inventory
Marketable securities
Examples of non-current assets include:
Land
Property, plant, and equipment (PP&E)
Trademarks
Long-term investments
Goodwill
Q.4 Write a reply to responses for this article
Professor and Class-
How are current assets different from non-current assets? Can you provide an example of each?
Current Assets are those assets that expect to be used or consumed within one year of the balance sheet date and consist of cash and cash deposits made to the bank, coins, currency, checks, money orders and travelers checks. These forms of payments can change hands quickly and are also known as liquid assets. A liquid asset is a reference to cash on hand or can be readily converted to cash. An asset can readily be converted into cash and can be sold with little impact on its value. https://www.investopedia.com (Links to an external site.).
Non-Current Assets can be defined as any asset that is expected to be held for the whole year, not sold or exchanged such as real estate, machinery,, or patent. https://financial-dictionary.thefreedictionary.com/noncurrent+asset (Links to an external site.). Property, Plant, and Equipment, commonly referred to as PPE, are examples of non current assets that are not easily liquidated.
Q.5 Write a reply to responses for this article
Can we compare current assets and non-current assets? Current assets are assets (property owned by the company as discussed in our prior class) to be converted to cash within a year. (i.e. Accounts receivable and inventory) while noncurrent assets are land and goodwill which are assets that our not so easily converted immediately. Both of course, of great value to the company.
Can we compare and contrast current liabilities and non-current liabilities? discuss
Current liabilities are also known to be short term liabilities. They are liabilities that are payable within one year. Non current liabilities (long term) are liabilities that ar due after a year or longer depending on the way the liability was agreed to getting paid (i.e. Line of Credit/mortgage)
RUBRIC |
||||||
Excellent Quality 95-100%
|
Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
|||
Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
|||
Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
|||
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow |
Current and Non-Current Assets and Liabilities