Fixed and current assests

• What are examples of assets

  money owed to the business by customers, cars , computer equipment , business premises
• What is meant by inventory 


  Raw materials used to make products , products held for future sales for customers
• What is cash


  Received from customers in payment for goods and deposited in bank
• What is debtors 


  Customers who owe money to the enterprise
• Had do you calculate the value of current assets

  Value of inventory + cash at bank + debtors
• What is a fixed assets

  An item that enables products to be made