Which One of the Following Asset Accounts Is Not a Part

question 172

Multiple Choice

Which one of the following asset accounts is not a part of a firm's working capital?

• A) cash and marketable securities
• B) accounts receivable
• C) inventories
• D) fixed assets

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Definitions:

Producer Surplus

The variation between anticipated seller revenue for a good or service and the eventual financial return.

Government Funds

Financial resources collected and disbursed by the government, including taxes, fees, and revenue from owned assets.

Total Surplus

The combined benefit that a market's participants receive, represented by the sum of consumer surplus and producer surplus.

Quantity Change

A variation in the amount of goods or services produced, supplied, or demanded in the market.