In reformatting balance sheets into operating, financing, and equity components, which of the following would be considered a financial asset?

a$.$ Accounts Receivable

b$.$ Inventory

c$.$ Prepaid assets

d$.$ Excess cash

b$.$ is the ability to refinance debt with common or preferred equity.

c$.$ is the ability of a firm to strategically use debt financing to increase returns to common shareholders on their investment in a firm.

d$.$ is the ability to pay for goods and services through barter transactions.

a$.$ Our vehicles make use of lithium$-$ion battery cells, which have been observed to catch fire or vent smoke and flame, and such events have raised concerns, and future events may lead to additional concerns, about the batteries used in automotive applications.

b$.$ Our future growth is dependent upon consumers' willingness to adopt electric vehicles.

c$.$ We may fail to meet our publicly announced guidance or other expectations about our business, which would cause our stock price to decline.

d$.$ If our vehicles or vehicles that contain our powertrains fail to perform as expected, or if we suffer product recalls, our ability to develop, market, and sell our electric vehicles could be harmed.