Assets
These are items that can be converted to hard cash within a business cycle. This part of the balance sheet is the fuel for financing a company's operations, tells whether the company has enough cash to burn for its day to day expenses without having to use debt to finance its activities. These range from cash, commercial paper, treasury bills, real estate to the goods they have in inventory such as bread, bananas, shirts or anything that can be sold depending on the nature of the business.
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