are assets that are often pledged by businesses as collateral for a loan.
A)Automobiles
B)Accounts receivable
C)Company-owned stocks
D)Buildings

Question

Quizplus · Accepted Answer

Accounts receivable represent the money owed to a business from its customers. They can be easily converted into cash, which makes them a valuable asset that can be used as collateral for a loan. Automobiles, company-owned stocks, and buildings may also be used as collateral, but they are not as easily convertible into cash as accounts receivable.

Are Assets That Are Often Pledged by Businesses as Collateral