Which of these is the largest current asset that most manufacturing,wholesale,and retail firms have?
A)Cash
B)Property,plant,and equipment
C)Accounts receivable
D)Inventory

Question

Quizplus · Accepted Answer

Inventory is the largest current asset for most manufacturing, wholesale, and retail firms as it includes the raw materials, work-in-progress, and finished goods that are available for sale or ready to be sold. Cash, accounts receivable, and property, plant, and equipment are also current assets, but the amount invested in inventory is typically larger.

Which of These Is the Largest Current Asset That Most