Real assets are assets used to produce goods and services always the same as financial assets always equal to liabilities claims on a company’s income

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter7: Operating Assets
Section: Chapter Questions
Problem 1DQ
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Real assets are
-
O assets used to produce goods and services
always the same as financial assets
always equal to liabilities
claims on a company’s income
Transcribed Image Text:Real assets are - O assets used to produce goods and services always the same as financial assets always equal to liabilities claims on a company’s income
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