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Which of the following types of business would normally have the longest operating cycle? A. A car manufacturer B. A seller of resort property C.
Which of the following types of business would normally have the longest operating cycle?
A. | A car manufacturer | |
B. | A seller of resort property | |
C. | A car dealer | |
D. | A record store | |
E. | A grocery store |
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Which of the following would not be classified as a current asset?
A. Investments
B. Marketable securities
C. Cash
D. Inventories
E. Receivables
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Which of the following accounts would not be classified as a current asset?
A. Cash and equivalents
B. Cash
C. Cash and certificates of deposit
D. Time deposit
E. Cash restricted for retirement of bonds
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