Which of the following is a correct statement?;a. Inventory is not part of the current assets because they are physical in nature.;b. Plant, equipment, building and land are non-current assets, but not fixed assets.;c. Marketable securities such as stocks & bonds are current assets.;d. Cash is the only liquid asset.;e. Physical assets are finance by equity only.
Paper#29245 | Written in 18-Jul-2015Price : $17