Which of the Following Is Not a Long-Term Asset

question 54

Multiple Choice

Which of the following is not a long-term asset?

• A) Eurodollars
• B) A factory
• C) An automobile
• D) Furniture
• E) Heavy machinery

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Definitions:

Higher Wages

Refers to an increase in the rate of payment for work done, often seen as a goal for labor negotiations or as a reflection of increased living costs.

High Risk Stocks

Equity investments that have a high potential for loss but also offer the possibility of significant returns.

High Returns

Investments or financial assets that yield a significantly higher than average rate of return or profit.

Equilibrium

A state in which market supply and demand balance each other, resulting in stable prices and quantities.