Which Of The Following Is Not An Operating Asset

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Unformatted text preview: Which of the following is not an operating asset? A. Cash B. Inventory C. Plant equipment D. Common stock AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Knowledge Garrison - Chapter 11 #16 Learning Objective: 11-01 Compute return on investment .D , residual income. 2. Which of the following is not an operating asset? A , Cash. B , Common stock. C , Inventory. D , Plant equipment. 3. A company 's return on investment is computed by: A , dividing its margin by its turnover. B , dividing its turnover by its average operating assets. C , multiplying its margin by its turnover..1 A What is a 'Non-Operating Asset ' Classes of assets that are not essential to the ongoing operations of a business, but may still generate income or pro view the full answer .Which of the following is not considered an operating asset for purposes of calculating turnover and ROI? A Cash ____ B An investment in another company. C Inventory D Plant and equipment. Operating assets include cash, accounts receivable, inventory, plant and equipment, and all other assets held for productive .