Question

Leemo, a soft drink manufacturing company, sells approximately 400 batches of its soft drinks worth $80,000 every week. In this context, the 400 batches of soft drinks that Leemo produces weekly represent the company's _____.A. Intangible assetsB. Current assetsC. Defensive assetsD. Fixed assets

Answer 1

B. Current Assets

Step-by-step explanation:

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Answer 2

B. Current assets

Step-by-step explanation:

Current assets includes cash , marketable securities and inventories. Current assets includes cash and any asset that can be easily converted to cash.

The 400 batches of soft drinks that Leemo produces weekly can easily be exchanged for cash. They represent Leemo's inventory.

Fixed assets are assets that cannot be easily converted to cash. They include property, plant and equipment.

Intangible assets are assets that cannot be seen. Examples include - patent, goodwill, copyright.

I hope my answer helps you.