Which statement is true concerning operating assets?
a. Operating assets have no physical properties.
b. A company's operating assets are important to its shortÂterm liquidity.
c. Operating assets are used over two or more periods to generate revenues.
d. All operating assets are reported on the balance sheet
c
You might also like to view...
What is a contingent liability? Provide two examples of contingencies.
What will be an ideal response?
An agent is not liable to the principal for any injuries resulting from a breach of duty to notify
Indicate whether the statement is true or false
What is the primary disadvantage of an ETF?
A) ETFs tend to have lower management fees than comparable index mutual bonds. B) ETFs usually have no minimum investment amount. C) Investors have to pay a broker commission each time they buy or sell shares. D) None of the above are disadvantages of an ETF.
The Small Business Administration is ________
a. an institution funded and run by the federal government to help small businesses prosper b. an independent agency of the federal government that helps small businesses prosper c. a private corporation founded by entrepreneurs to help small businesses prosper d. a state-run organization found on many college campuses that helps small businesses prosper