OmarAdnan

Current asset or liability is usually described as being able to convert to cash within a year.
Current assets- inventory, cash, short term securities, accounts receivable, etc.
Current liabilities- accounts payable, debt maturing within a year, accrued salary, etc

I'd suggest looking at a one product company's 10K, like CROX, and going through the balance sheet and income statement.

On the balance sheet, from top-down, the assets and liabilities begin with most liquid(current) like cash, and work down to less
liquid like PP&E.

With net op profit, google "income statement constructionn or format" and you should be able
to find an example that shows the progression.