. These are things of value owned by the business and can be liquidated into monetary values1 puntoReceivablesAssetsLiabilitiesCapital
Question
. These are things of value owned by the business and can be liquidated into monetary values
1 punto
- Receivables
- Assets
- Liabilities
- Capital
Solution
The correct answer to your question is Assets.
Explanation
Assets are the resources owned by a business that have economic value and can be converted into cash or used to generate revenue. This includes cash, accounts receivable, inventory, property, equipment, and other resources that may be liquidated for monetary value.
Receivables are a type of asset (specifically, they represent money owed to the business by customers). Liabilities, on the other hand, are the obligations of the business (what it owes), while capital refers to the funds that owners have invested in the business.
In summary, the term that best describes things of value owned by a business, which can be converted into cash, is "Assets."
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