Which of the following would be classified as a long-term operational asset? A. Notes receivable. B. Inventory C. Accounts receivable. D. Trademark.

Answer :

The class of long-term operating assets includes trademarks.

Operating assets are those that are bought to be used in a business' ongoing operations and are those that are necessary to generate revenue. Operating assets include things like cash, fixed assets, accounts receivable, inventories, and pre-paid expenses. Operating assets are any liquidable, tangible, or intangible assets that directly support ongoing business activities and generate income. Operating assets can provide insight into a company's net operating assets and operating asset turnover rate, two important metrics that show a lot about how well it generates revenue. It's also crucial to understand how operating assets affect a company's profitability because these measurements can show firms where they can streamline processes, reduce costs, and achieve more of their objectives.

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