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Contract Assets

This topic has 1 reply, 2 voices, and was last updated 3 years ago by motlax98.

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August 24, 2021 at 10:11 am #632726
Lau
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Should we include contract assets when computing current ratio?
September 1, 2021 at 10:31 am #633782
motlax98
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yes. contract assets will be included under current assets in the financial statement and should be included when calculating the current ratio
they are part of the current assets
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