EC Nebraska | Someday - 6/21/2020 13:32
Why don't they just say net worth then? That's what you're saying.
Current assets are things that will be turned into cash within a year. Current liabilities are only the portion that is due within a year.
Net worth includes the equity in farmland and the portion of farmland mortgage that is not due within a year. Among other things.
So they can be very different. |