In 2016, ____________ was(were) the least significant financial asset(s) of U.S. nonfinancial businesses in terms of total value.
A) cash and deposits
B) trade credit
C) trade debt
D) inventory
E) marketable securities

Question

Quizplus · Accepted Answer

According to the Federal Reserve's Financial Accounts of the United States for the fourth quarter of 2016, marketable securities were the least significant financial asset of nonfinancial businesses in terms of total value, accounting for only 0.7% of their total assets. In comparison, cash and deposits accounted for 12.7%, trade credit for 8.7%, trade debt for 19.7%, and inventory for 14.7%.

In 2016, ____________ Was(were) the Least Significant Financial Asset(s) of U.S