What are assets? A) items of immediate value B) what a company owes C
QUESTION
What are assets?
A) items of immediate value
B) what a company owes
C) the amount of investment plus earnings
D) periodic reports of a firm’s worth
E) notes payable
ANSWER
Answer: A
Explanation: A) Assets are what a company has of value that are either cash or can be easily liquidated (converted into cash).
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