Norwalk, Conn. — In a continuing effort to quickly converge at least a few U.S. standards to international standards, the Financial Accounting Standards Board is hammering out a proposal on liability ...

Discover what spontaneous assets are, why they matter in business, and how they affect financial health. Learn with examples ...

Discover what quick assets are, their role in business finance, and why they're essential for a company's liquidity. Learn ...

The current ratio is calculated by dividing a company’s current assets by its current liabilities. Ratios of 1 or higher indicate short-term solvency.