Quick Assets


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Related to Quick Assets: working capital, Marketable securities

Quick Assets

Personal property that is readily marketable.

Quick assets are items, such as jewelry, that can be easily converted to cash for immediate use.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
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272] explained the use of the two terms: "The term 'Quick assets' is used here in the sense in which it is used by Federal Reserve practice.
The Recognition and Valuation of Current Assets on the balance sheet in the United States, 1865-1940
Cash flow = Net income + Depreciation + Depletion + Amortization Net worth = Common stockholders' equity + Deferred income taxes Cash = Cash + Marketable securities Quick assets = Cash + Accounts receivable Working capital = Current assets - Current Liabilities Fund expenditures for operations = Operating expenses - Depreciation - Depletion - Amortization Defensive assets = Quick assets
Using cash flow ratios to predict business failures
Interestingly, the bank loan required the borrower to maintain a specified level of "quick assets," and the portfolio stock served to meet that requirement.
New ruling sheds light on scope of section 246A

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