Which of the following is not an operating asset?
A)Cash
B)Inventory
C)Plant equipment
D)Common stock

Name: Which of the following is not an operating asset? A)Cash B)Inventory C)Plant equipment D)Common stock
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Question

Quizplus · Accepted Answer

Common stock is not an operating asset, but rather a component of shareholder's equity on the balance sheet. Operating assets refer to assets that are used in the regular course of a business to generate revenue, such as cash, inventory, and plant equipment.

Which of the Following Is Not an Operating Asset