If the operating cycle is longer than one year what is the time frame for curren assets?
Answer
The operating cycle length
If you want to change selection, open document below and click on "Move attachment"
Subject 1. Components and Format of the Balance Sheet g line. A report format balance sheet lists assets, liabilities, and equity in a single column.
Balance Sheet Components
Current Assets
These are cash and other assets expected to be converted into cash, <span>sold, or consumed either in one year or in the operating cycle, whichever is longer. The operating cycle is the average time between the acquisition of materials and supplies and the realization of cash through sales of the product for which the materials and supplies w
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.