These balance sheets contain several items, including current assets. Current assets reflect a company’s short-term assets ...

Current assets are cash or its equivalent or those assets that will be used by the business in a year or less. They include the following: Cash is the cash on hand at the time books are closed at ...

Key ratios for the retail sector are the current ratio, the quick ratio, gross profit margin, inventory turnover, return on assets, EBIT margin, and interest coverage ratio. The current ratio is ...