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The current ratio divides current assets by current liabilities. For instance, Alphabet’s Q2 2024 balance sheet had $162.0 billion in current assets compared to $77.9 billion in current liabilities.
On a balance sheet, assets will typically be classified into current assets and long-term fixed assets. [2] The current ratio is calculated by dividing total current assets by total current liabilities. [3] It is frequently used as an indicator of a company's accounting liquidity, which is its ability to meet short-term obligations. [4] The ...
Total assets can also be called the balance sheet total. Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. [3] Current assets include cash, inventory, accounts receivable, while fixed assets include land, buildings and ...
Bahasa Indonesia is sometimes improperly reduced to Bahasa, which refers to the Indonesian subject (Bahasa Indonesia) taught in schools, on the assumption that this is the name of the language. But the word bahasa (a loanword from Sanskrit Bhāṣā) only means "language."
If you bought a non-current asset for $10,000 and have written off $3,000 for depreciation, the current valuation of that non-current asset is $7,000. Examples of Non-Current Assets in Major Companies
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
The Dutch adaptation of the Malay language during the colonial period resulted in the incorporation of a significant number of Dutch loanwords and vocabulary. This event significantly affected the original Malay language, which gradually developed into modern Indonesian. Most terms are documented in Kamus Besar Bahasa Indonesia. [1]
Traditional balance-of-payments accounting is that the change in the net foreign asset position equals the current account balance. In other words, if a country runs a $700 billion current account deficit, it has to borrow exactly $700 billion from abroad to finance the deficit and therefore, the country's net foreign asset position falls by $700 billion.