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    ustassen's Avatar
    ustassen Posts: 1, Reputation: 1
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    #1

    Jul 19, 2010, 04:25 AM
    What business would not be axpected to have a large percentage of its current assets
    A business that would not be expected to have a large percentage of its current assets in merchandise inventory would be a?
    kctiger's Avatar
    kctiger Posts: 3,653, Reputation: 1319
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    #2

    Jul 22, 2010, 08:29 AM

    A non-merchandising company. Think of companies that do not sell merchandise to make money. An extreme example would be a payday loan company. Most of that companies current assets are accounts receivable expected to be paid within one year.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Jul 23, 2010, 07:25 PM

    ustassen -- first, please read the guidelines about posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    We are not going to just give you the answer to your homework. You can tell us what you think and we can check it for you. Also, when it's multiple choice, there is no way anyone could know what the answer is anyway... it has to be the best answer out of the choices listed and we cannot know what your choices were.
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