Which of the following can be considered as a current asset?
A) Net profit percentage
B) Accounts receivable
C) Selling expenses
D) Gross margin
E) Operating expenses

Question

Quizplus · Accepted Answer

Current assets can normally be converted to cash within one year. For retailers, current assets are primarily cash, merchandise inventory, and other assets such as accounts receivable.

Which of the Following Can Be Considered as a Current