A fixed asset, also known as a tangible asset or property, plant, and equipment (PP&E), refers to a long-term, physical asset held for use in the production or supply of…
Working capital is a fundamental concept in financial management that represents the difference between a company’s current assets and its current liabilities. It measures a company’s short-term liquidity and ability…
Accrual accounting is an accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged. This contrasts with cash basis accounting, which…
Operating assets are the tangible assets and intangible assets that a company uses in its day-to-day operations to generate revenue. These assets are essential for conducting the core business activities…
A liquid asset refers to an asset that can be quickly converted into cash without significantly affecting its market value. Liquid assets are easily tradable and readily accessible, making them…