Business FinancesQuestion 1184 of 1605
On a balance sheet, which of the following is a CURRENT asset?
a.Accounts receivable
b.The company building
c.Goodwill
d.A dump truck
Explanation
Current assets are expected to convert to cash within one year and include cash, accounts receivable, and inventory. A truck and a building are long-term (fixed) assets, and goodwill is an intangible asset, none of which are current.
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