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2 Cards in this Set
- Front
- Back
- 3rd side (hint)
Long lived assets
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Used in the operation of business and provide benefits that extend beyond the current operating period
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examples:
Land, Fixed assets, Natural Resource Costs, Intangible assets, Deferred costs |
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Trends
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Investments in non current assets tend to be large for services, manufacturers, and retailers
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Small for internet firms and financial institutions
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