12. Which of the following is NOT an operating asset? Select one: a. Plant equipment. b. Common shares. c. Cash. d. Inventory.
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12.
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- Which of the following is not an asset account?a. Cashb. Landc. Equipmentd. Common StockWhich of the following is NOT a financial asset? Select one: O a. property b. Commercial Paper c. bonds O d. stocks 1Which of the following is an example of a non-liquid asset? O Accounts Receivable Raw Material Inventory - Cash O Common Stock
- Which of the following is not an element of working capital? a. inventory b.property, plant and equipment C. trade receivobles d.cashWhich of the following is not an asset? a.cash b.inventory c.owner's equity d.investments“Cash float” would be which type of account? a.Expense b.Current asset c.Proprietary d.Fixed asset e.Current liability
- Which of the following numerators does NOT include assets: a. Traffic speed of receivables b. Traffic speed of fixed assets c. Traffic speed of suppliers d. Traffic speed of stocks e. all of the aboveOut of which equation is NOT CORRECT ? Please remember to select "WHICH IS NOT CORRECT" Select one: a. Capital = Total Assets - Total Liabilities b. Total Assets = Tangible Assets + Intangible Assets + Investments + Current Assets c. Total Liabilities = Total Assets - Shareholder's funds - Capital d. Owner's equity = Share capital + Reserve and SurplusWhich one is generally the least liquid? a. Patents b. Buildings c. Inventory d. Equipment e. Accounts receivable
- 10 The following are an example of Real assets EXCEPT Select one: a. Buildings O b. Machines O c. Land O d. Common stock8. Realized gains and losses on investments available for sale are reported a. as a current assetb. on the income statementc. on the balance sheet as part of stockholders' equityd. as a contra assetRr.22. Which of the following is an example of a "quick asset" for purposes of applying the acid-test or quick ratio? (Check all that apply) a. inventory b. cash c. land d. prepaid rent e. current investments f. accounts receivable