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18 January, 09:07

Which of the following is classified as an investment asset? Group of answer choices

current assets - fixed assets - depreciation.

current assets - fixed assets + depreciation.

current assets + fixed assets - depreciation.

current assets + fixed assets + depreciation.

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Answers (1)
  1. 18 January, 09:27
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    current assets + fixed assets - depreciation.

    Explanation:

    Investment assets can either be tangible like building, equipment, or intangible assets like goodwill. These assets can also include current assets like inventory. They are used to produce additional income to a business. Depreciation, however, is used to account for diminishing value of fixed assets over time and is therefore subtracted from Fixed asset to get net investment asset amount. Therefore, the correct answer is current assets + fixed assets - depreciation.
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Home » Business » Which of the following is classified as an investment asset? Group of answer choices current assets - fixed assets - depreciation. current assets - fixed assets + depreciation. current assets + fixed assets - depreciation.
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