Alternatively, take Fahrenheit, subtract 32 and halve the answer to get to Celsius. Under this system, that 66 F would convert to 17 C, nearly two degrees lower than the correct answer while the 13 C would convert to 58 F, which is close to three degrees higher than the true figure.
Current Asset. Definition: A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash within one year. Examples of current assets are: 1  Cash, including foreign currency. 2  Investments, except for investments that cannot be easily liquidated. 3  Prepaid expenses.
Examples of fixed assets include: 1  Land. 2  Buildings. 3  Furniture. Fixtures.  Equipment (e.g. office equipment, machinery, appliances, computers, tools, and 1  vehicles) Leasehold improvements (improvements to rented property, paid for by the renter, that transfer to the landlord at the end of the lease)