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Churak

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Churak

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Re: Gixene post# 3009

Friday, 06/07/2013 11:05:54 AM

Friday, June 07, 2013 11:05:54 AM

Post# of 6271
IMHO:

Net current assets is current assets minus current liabilities. The "Net" in net current assets is why you deduct curr liab from curr assets.

Net curr assets is not the same as anything to do with book value - net curr assets is an indication of liquidity.

Check out this link for definitions

http://www.investopedia.com/dictionary/

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