Liquidity of Short-term Assets;

Related Debt-Paying Ability

 A- Current Assets
Current assets (1) are in the form of cash, or
(2) will be realized in cash, or (3) conserve the
use of cash within the operating cycle of a
business or one year, which ever is longer.
Operating cycle for a company is the time
period between the acquisition of goods and
the final cash realization resulting from sales
and subsequent collections.
1. Cash: is a medium of exchange that a bank
will accept for deposit and a creator will
accept for payment. Cash account on the
balance sheet is usually entitled cash, cash
and equivalents, or cash and certificates of
deposits.
2. Marketable securities: the business