Which of the following is not a fixed asset?

a. Machinery and equipment
b. Furniture and fixtures
c. Supplies
d. Land and building

c

Business

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Which of the following could an analyst use to establish the rate of return on a direct participation program?

I. Present value. II. Internal rate of return. III. Yield to maturity. IV. First in, first out. A) II and III. B) III and IV. C) I and II. D) I and IV.

Business

Jack Ripper, a thief, stole Samantha's car and sold it to Mary. Mary was unaware that the car had been stolen and believed Jack when he told her that it belonged to him

Two months after purchasing the car, Mary sold it to Albert who subsequently sold it to Charles. The police, who had been investigating the theft of the car, eventually traced it to Charles. Which of the following statements is TRUE? A) If Samantha recovers the car from Charles who subsequently claims against Albert, Albert can seek to recover from Mary the money that he paid to her. B) If Samantha recovers the car from Charles, Charles can seek to recover the purchase price of the car from Albert. C) Samantha has the legal right to recover the car from Charles D) All of the above E) Mary may not be able to recover any losses sustained unless she can find and make a claim against Jack Ripper.

Business