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Tap only the ones that fit the label

Exercise and reference answers

Questions
  1. Items
    1. Text
      Cash
      Matches the category
      No
    2. Text
      Patent
      Matches the category
      Yes
    3. Text
      Delivery van
      Matches the category
      No
    4. Text
      Trademark
      Matches the category
      Yes
    5. Text
      Goodwill
      Matches the category
      Yes
    6. Text
      Inventory
      Matches the category
      No
    Category
    Intangible asset
  2. Items
    1. Text
      Five year loan
      Matches the category
      No
    2. Text
      Accounts payable
      Matches the category
      Yes
    3. Text
      Mortgage
      Matches the category
      No
    4. Text
      Accrued wages
      Matches the category
      Yes
    5. Text
      Taxes payable
      Matches the category
      Yes
    Category
    Current liability
  3. Items
    1. Text
      Return on equity
      Matches the category
      No
    2. Text
      Current ratio
      Matches the category
      Yes
    3. Text
      Debt-to-equity
      Matches the category
      No
    4. Text
      Acid-test ratio
      Matches the category
      Yes
    5. Text
      Working capital
      Matches the category
      Yes
    6. Text
      Earnings per share
      Matches the category
      No
    Category
    Liquidity measure
  4. Items
    1. Text
      Trial balance
      Matches the category
      No
    2. Text
      Operating
      Matches the category
      Yes
    3. Text
      Depreciation
      Matches the category
      No
    4. Text
      Investment
      Matches the category
      Yes
    5. Text
      Financing
      Matches the category
      Yes
    Category
    Cash flow group
Instructions
Tap every chip that belongs to the category shown, then move on.

Explanation

_Source: OpenStax Introduction to Business, section 14.4 The Balance Sheet_
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