The Largest Asset for Airlines Will Usually Be

question 68

Multiple Choice

The largest asset for airlines will usually be:

• A)accounts receivable.
• B)inventory of spare parts.
• C)investment in subsidiaries.
• D)flight equipment.
• E)ground equipment.

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Definitions:

Financial Ratios

Metrics derived from a company's financial statements to assess its performance, liquidity, profitability, and other aspects.

Prior Period

A previous accounting time frame used for comparison purposes or to correct errors in financial statements.

Same Industry

Refers to companies and businesses that operate within the same sector or category, offering similar products or services.

Peculiar Conditions

Unique or unusual circumstances that can affect an outcome or situation in specific cases.