Correct answer
B. Tangible asset
Explanation
Tangible asset is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Life that maximizes net present value of an asset is classified as__________?
Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period?
Market where market makers keep record of stock of financial instruments is classified as_________________?
In which type of market, new securities are traded?
If payment of security is paid as $100 at end of year for three years, it is an example of______________?
In situation of bankruptcy, stock which is recorded above common stock and below debt account is_____________?