Which of the Following Items Would Be Inventory for a Company

question 59

Multiple Choice

Which of the following items would be inventory for a company like Marriott Hotel Corporation?

• A) hotel rooms
• B) food and beverage stock
• C) cleaning supplies
• D) all of the above

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Definitions:

Credit Statement

A detailed report of an individual's or company's credit history and current credit standing, used by lenders to evaluate creditworthiness.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Liquidity Ratios

Measures of a firm’s ability to meet its short-term obligations.

Short-Term Obligations

Financial liabilities that are due to be paid within a short timeframe, typically less than one year.