Which of the Following Would Be Classified as an Operational

question 7

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.

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