What are the opposite words for NON-CURRENT ASSET?
The term "non-current asset" refers to an asset that is not expected to be converted into cash within a year. Antonyms for "non-current asset" can be classified into two categories: short-term assets and liabilities. Short-term assets include cash, accounts receivable, and inventory. These assets are expected to be converted into cash within a year or less. On the other hand, liabilities that are due within a year are considered short-term liabilities. Examples include accounts payable and notes payable. Short-term assets and liabilities are critical to understanding a company's liquidity position. In contrast, non-current assets are key determinants of a company's long-term viability and growth potential.
What are the antonyms for Non-current asset?
Other relevant words:
• Other relevant words (noun):
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