Treatment of Term Deposit.


Ad

Advertisements

bklynboy

VIP Member
Joined
Oct 12, 2011
Messages
573
Reaction score
107
Country
United States
Lime a CD? with a bank? What kind of term deposit?
 

bklynboy

VIP Member
Joined
Oct 12, 2011
Messages
573
Reaction score
107
Country
United States
Definition is: Current assets is either cash or a resource that is expected to be converted into cash within one year. So since this is a 3 year term I would say No unless you intend to sell in the next year.
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top