Multiple Choice
Which of the following would be classified as an operational (fixed) asset?
A) Land purchased and held for sale by a realtor.
B) Land purchased and held for development by Wal-Mart as a new store site.
C) Land and buildings owned by Toys "R" Us that are store sites closed due to restructuring and consolidating operations.
D) A Ford Motor Company plant used to manufacture the Focus line in Oakville, Ontario.
Correct Answer:
Verified
Correct Answer:
Verified
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