Assets are classified as either current or non-current. Current assets are:
A) goodwill.
B) expected to be turned into cash within 12 months.
C) the infrastructure assets.
D) all of the above.
Correct Answer:
Verified
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Q34: Identify the current asset.
A)Fixtures and fittings.
B)Inventory.
C)Delivery vehicle.
D)Loan
Q35: Which of the following is a non-current
Q36: If assets are $36,200 and equity is
Q37: Calculate equity. Cash at bank $3,500; inventory
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