An Explanation of Current Assets
Current assets carry the most value to the small business entrepreneur because of the cash conversion aspect.
Raw resources refers to raw materials used in the making of a final product. As an example, hay is a raw resource to a cattle rancher. Water is a raw material to a bottling company and so on. It is the primary account in the inventory section of the current assets of a balance sheet.
Current assets carry the most value to the small business entrepreneur because of the cash conversion aspect.