ch12 current a思ssets.pptVIP

1. Operating capital (Working capital)： Company needs those part of capital to meet their daily business operation. Gross working capital =Total current assets Net working capital =Current assets – non interest bearing current liabilities. Or =Current assets – Current liabilities 2. Types of assets: Temporary assets: --Temporary current assets (临时性资产) (临时性流动资产) Permanent assets: --Permanent current assets (永久性资产) (永久性流动资产) --Fixed assets --Intangible assets