Accountants consider works in progress (WIP) to be current assets because there's a reasonable expectation that such items will become marketable products that can potentially convert into cash ...

For the purposes of financial accounting, a company’s liquid assets are reported on its balance sheet as current assets. A liquid asset can be quickly and easily converted into cash. Liquid ...

Graham notes key ratios and items, such as a company's working capital ratio, current ratio, intangible assets, cash, notes payable, liquidation value, net asset value, and margin of profit.

By Tanay Dhumal (Reuters) -Occidental Petroleum said on Tuesday that it had struck two deals in the current quarter to divest some upstream assets to undisclosed buyers for a total of $1.2 billion ...