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When the developer chemicals become increasingly inactive, due to exposure to air and usage, they are said to be:
Quick Assets
Assets that can be quickly converted into cash within 90 days or less, such as cash, marketable securities, and accounts receivable.
Marketable Securities
Financial instruments that can be easily converted into cash, such as stocks and bonds, typically held for short-term investment purposes.
Long-term Investments
Long-term investments are assets that a company intends to hold for more than one year, such as stocks, bonds, or real estate.
Current Ratio
This ratio assesses an entity's potential to cover its short-term dues using resources that are expected to be liquidated within a year.
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