Cost of Debt, Formula, Calculation, and its Benefits
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What is Temporary Assets? temporary assets
A subset of a company's current assets that changes according to seasonal fluctuations. For example, a retail store's current inventory may include holiday decorations around Christmas. These decorations would be temporary assets with respect to the remainder of the store's inventory.
Permanent Current Assets
The minimum level of current assets that a firm needs to continue operation. Because some level is always maintained, they are called permanent current assets. OR