Most firms of any size need fixed assets which include
A) inventories
B) equipment
C) working capital
D) office supplies

Question

Quizplus · Accepted Answer

Fixed assets refer to long-term assets that are used in the production or operation of a business, such as equipment, vehicles, and buildings. Inventories and office supplies are considered current assets, while working capital refers to a company's ability to cover its short-term expenses. Therefore, the only correct choice for fixed assets is B) equipment.

Most Firms of Any Size Need Fixed Assets Which Include