The current activities of a company are exactly that; cash and other assets obtainable within one year. This is also called working capital because it can support a company's operations. Furthermore, this current asset allocation may take the form of marketable securities and inventories. Credit can be for different types of things, primarily it can come from selling products, goods or services on credit. Furthermore, it can take the form of a short-term or long-term loan given by entrepreneurs to employees (Melicher & Norton, 2013, p. 360). Assets can also be physical in nature for a business, such as a plant and its equipment. Additionally, land is a terrific resource to have. Intangible assets, such as goodwill, are taken into consideration when a company is purchased or merged with another company, especially if the winning company is more valuable than the other (Melicher & Norton, 2013, p. 360) . Owner's equity