question 10 of 10: equipment is considered a! a) fixed asset b) current asset c) liability d) equity

Brief Explanations:

Equipment is a long - term resource used in business operations. Fixed assets are long - term tangible assets that a company owns and uses in its operations to generate income. Current assets are short - term (expected to be converted to cash or used up within one year). Liabilities are what a company owes. Equity represents the owners' claim on assets. Since equipment is a long - term asset used for business operations, it fits the definition of a fixed asset.

Answer:

A. Fixed asset