Which of the Following Assets Is Generally Considered to Be

question 115

Multiple Choice

Which of the following assets is generally considered to be the least liquid?

• A) Plant and equipment.
• B) Inventory.
• C) Goodwill.
• D) Cash.
• E) Accounts receivable.

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Definitions:

Marginal Revenue

Marginal revenue is the additional income that is gained from selling one more unit of a good or service.

Marginal Cost

The change in the total cost that arises when the quantity produced is incremented by one unit.

Writing Skills

The ability to express ideas clearly and effectively through written language.

Well-written Document

A document that is clearly, accurately, and effectively articulated, often adhering to specific formatting and stylistic guidelines.