If the operating cycle is longer than one year what is the time frame for curren assets?
The operating cycle length
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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
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
last interval [days]
repetition number in this series
scheduled repetition interval
last repetition or drill
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