what are short - term assets?\nassets that are used for more than one year\nassets that can be liquidated to…

what are short - term assets?\nassets that are used for more than one year\nassets that can be liquidated to pay for liabilities within one year\nassets that generate revenue for the business within one year\nassets with high depreciation rates over the current year

what are short - term assets?\nassets that are used for more than one year\nassets that can be liquidated to pay for liabilities within one year\nassets that generate revenue for the business within one year\nassets with high depreciation rates over the current year

Answer

Brief Explanations:

Short - term assets, also known as current assets, are assets that can be converted into cash or used to pay off liabilities within one year or one operating cycle, whichever is longer. They provide liquidity to a business.

Answer:

B. Assets that can be liquidated to pay for liabilities within one year