Ask Question
BusinessBusiness
10 January, 01:20

Which of the following items is NOT included in current assets? a. Cash. b. Accounts receivable. c. Bonds. d. Short-term, highly liquid, marketable securities. e. Inventory.

+5
Answers (1)
  1. 10 January, 02:08
    0
    c. Bonds.

    Explanation:

    Bonds are not included in current assets because usually they are long term investments whereas current assets are assets which are liquid and will be used or sold in a years time. Cash is a current asset because it is expected to be used or consumed in a years time, accounts receivable is a current asset because it is expected that our clients will pay us in a years time, highly liquid marketable securities are cash equivalents and inventory is also used in a year so it is also a current asset. Bonds on the other hand are long term and last more than a year that's why Bonds are not current assets.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following items is NOT included in current assets? a. Cash. b. Accounts receivable. c. Bonds. d. Short-term, highly liquid, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following has a strong possibility of not being protected in a homeowner insurance policy? A. Children B. Spouse C. Jack Russell Terrier D. Ex-spouse that is visiting the home by invitation
Answers (1)
On December 31, after adjustments, Gonzalez Company's ledger contains the following account balances: 101 Cash $ 27,200 Dr. 111 Accounts Receivable 15,800 Dr. 121 Supplies 2,000 Dr. 131 Prepaid Rent 38,600 Dr. 141 Equipment 44,000 Dr.
Answers (1)
The Supreme Court can review a state supreme court decision a. only if a federal question is involved. b. if there are damages in excess of $50,000. c. if the solicitor general asks them to do so. d. in all cases . e. both a and b
Answers (1)
In accumulating raw materials costs, the cost of raw materials purchased in a perpetual system is a. debited to purchases. b. raw materials inventory. c. raw materials purchases. d. work in process.
Answers (1)
What two health risk behaviors were singled out in the text as being related to an unstable employment history and shorter duration of current job?
Answers (1)
New Questions in Business
Depreciation A company purchased a machine on January 1 of the current year for $800,000. Calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 25,000 hours, with a salvage value of $80,000).
Answers (1)
At which level of production does the company make the most profit?
Answers (2)
In a scenario where we expect a shift in both supply and demand, if the demand for a product increases, the price will always increase True/False
Answers (1)
Econville has 100 million adult citizens. Of these, there are 40 million full-time workers and 20 million part-time workers. There are 2.
Answers (1)
Derrick Iverson is a divisional manager for Holston Company. His annual pay raises are largely determined by his division's return on investment (ROI), which has been above 25% each of the last three years.
Answers (1)
Home » Business » Which of the following items is NOT included in current assets? a. Cash. b. Accounts receivable. c. Bonds. d. Short-term, highly liquid, marketable securities. e. Inventory.
Sign Up Forgot Password?