PMP Math
Essential Mathematical Formulas for PMP Certification Test
Formula
A = B + C
Example
Assume you’re in charge of a project that entails making and selling handcrafted jewelry. Among your current assets are:
– $2,000 in cash on hand
– Ready-to-sell jewelry inventory: $3,000
– Customers who have purchased but have not yet paid: $1,500
So the entire worth of these items would represent your current assets:
Current Assets = $2,000 in cash + $3,000 in inventory + $1,500 in accounts receivable = $6,500
These assets are referred to be “current” because they are projected to be depleted or converted into cash in a relatively short period of time, often within the next
