Which of the following can be considered a current asset?
A)net profit percentage
B)accounts receivable
C)selling expenses
D)gross margin
E)operating expenses

Name: Which of the following can be considered a current asset? A)net profit percentage B)accounts receivable C)selling expenses D)gross margin E)operating expenses
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Current assets can be normally converted to cash within one year.Examples would be primarily cash,accounts receivable and merchandise inventory.

Which of the Following Can Be Considered a Current Asset