Multiple Choice
Which of the following would be classified as a long-term operational asset?
A) Notes receivable.
B) Treasury stock.
C) Inventory.
D) Goodwill.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: With an accelerated depreciation method,an asset can
Q18: Expenditures that extend the useful life of
Q71: In choosing a depreciation method for financial
Q121: Banks Company recognized $3,000 of depreciation expense
Q122: Using double-declining balance depreciation, determine the amount
Q124: Monroe Minerals Company purchased a copper mine
Q126: On January 1, 2013 Brewer Company paid
Q128: On January 1, 2013, Innovative Manufacturing Company
Q135: The recognition of depletion expense<br>A)decreases assets and
Q155: Give an example of an intangible asset