On a common size basis,which of the following assets is normally largest for an electric utility?
A) Accounts receivable
B) Inventory
C) Property, Plant and Equipment
D) Cash and Marketable Securities

Question

Quizplus · Accepted Answer

Property, Plant and Equipment is typically the largest asset on an electric utility's balance sheet due to the expensive infrastructure required to generate and distribute electricity. Accounts receivable, inventory and cash and marketable securities are typically much smaller in comparison.

On a Common Size Basis,which of the Following Assets Is