Match the Terms with the Definitions

question 44

Multiple Choice

Match the terms with the definitions.
-Assets that are expected to be used for more than one year in the operation of a business.

• A)selling expenses
• B)quick assets
• C)average days to sell inventory
• D)book value
• E)property, plant, and equipment
• F)operating cycle
• G)quick ratio
• H)general expenses
• I)gross profit
• J)net sales
• K)multiple-step income statement
• L)inventory turnover
• M)liquidity