Match the Term with Its Definition

Multiple Choice

Match the term with its definition.
-Physical assets that will be used in the business for more than one year, such as equipment, buildings, and land

A) accounts payable (trade credit)
B) accounts receivable
C) accumulated depreciation
D) common stock
E) current assets (working capital)
F) current debt (short-term liabilities)
G) current ratio
H) fixed assets (property, plant, and equipment [PPE])
I) gross fixed assets
J) net fixed assets
K) other assets