What Are Current Assets? And How to Calculate? With Examples

However, it still does not meet the gold standard 1.0 quick ratio or 1.5 current ratio. Prepaid expenses are payments made in advance for a future service that has not yet been provided. Prepaid expenses are recorded as a current asset because the value https://cultivation.shop/the-10-best-jobs-in-health-care-in-2020-according/ of the prepaid expense should be realized over the near …

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