Answer and Explanation: The answer is (c) Bonds. Current assets are assets that are easily converted to cash.
Current assets would include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.
Types of Current AssetsCash and cash equivalents.Marketable securities.Prepaid expenses.Accounts receivable.Inventory.
Non-current assets are assets whose benefits will be realized over more than one year and cannot easily be converted into cash. The assets are recorded on the balance sheet at acquisition cost, and they include property, plant and equipment, intellectual property, intangible assets, and other long-term assets.