Explain how that asset may fit into your business

Reference no: EM133500786

Question: Current assets are assets that are expected to be converted to cash, sold or consumed in the next 12 months. They include cash, accounts receivable, notes receivable, inventory and prepaid expenses. Step 8 explains each one in detail. 1. You are the owner of an appliance store. Choose four categories from above and explain how that asset may fit into your business. For example, if I owned a company that installed furnaces, my inventory would include different types of furnaces and air conditioners as well as controls to operate them. Accounts receivable would include the installations we did but have not been paid for yet.

Reference no: EM133500786

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