Is There an Excel Formula for Net Current Assets?
Subtract current liabilities from current assets to arrive at net current assets. A company, for instance, may have $10,000 in liquid assets, $80,000 in receivables, $40,000 in inventories, and $70,000 in payables. In terms of liquid assets, it has $60,000 in the bank.
Susan Kelly
Jan 19, 2024