Does total asset mean current asset + noncurrent asset? And is it different from what they call average asset?
Thanks
![]() |
Does total asset mean current asset + noncurrent asset? And is it different from what they call average asset?
Thanks
Yes, total assets are current plus non-current assets. Average assets are the average of two years. The formula would be: (total assets current year + total assets of previous year)/2
All times are GMT -7. The time now is 08:49 PM. |