Which of the following is the largest current asset that most manufacturing,wholesale,and retail firms generally have?
A) Copyright
B) Equipment
C) Inventory
D) Patent

Question

Quizplus · Accepted Answer

Inventory is the largest current asset for most manufacturing, wholesale, and retail firms. It represents the goods and materials that the company has on hand or in the process of production and is intended for sale to customers. Copyrights and patents are typically intangible assets, and equipment is a fixed asset that can depreciate over time.

Which of the Following Is the Largest Current Asset That