Which of the following is an example of a company's asset?
A) inventory in the warehouse
B) mortgage loans
C) bonds issued by the company
D) short-term loans
E) debt security raised by the company

Question

Quizplus · Accepted Answer

A)Assets are things of value owned or leased by a business. Inventory is a thing of value that the company owns.
B)Assets are things of value owned or leased by a business. Inventory is a thing of value that the company owns.
C)Assets are things of value owned or leased by a business. Inventory is a thing of value that the company owns.
D)Assets are things of value owned or leased by a business. Inventory is a thing of value that the company owns.
E)Assets are things of value owned or leased by a business. Inventory is a thing of value that the company owns.

Which of the Following Is an Example of a Company's