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Which one of the following credit terms is most apt to produce the shortest accounts receivable period? a. net 45 b. net 10 c. 2/10, net 30 d.3/5, net 10 e. 2/20, net 45 An intangible asset is a: a. valuable fixed asset that has no physical existence b. physical fixed asset that loses value over time, such as equipment c. fully-depreciated fixed asset which has no remaining market value d. current asset with a negligible book value but considerable market value e. current asset iwth minimal market value and no physical existence The legal document provided to prospective investors that describes details of the issuer and the proposed securities offering is called a: a. security agreement b. prospectus c. public statement d. registration statement e. formal filing