real estate
non financial assets characteristics
literature review on non performing assets?
Non current assets decrease with depreciation which is due to wear and tear due to usage of that assets in revenue generation.
There is no such thing as unexempt assets. They are called non-exempt assets, and they are assets that must be given up.
They are financial assets because they are non-physical assets
non current assets are like land, building machinery premises etc
Current assets
If investments are for short term then these are current assets but if these are for long term then non-current assets.
Fixed assets and non-current assets are basically the same. Both are defined as assests that are utilized or depreciated by a company over the course of more than a year.
Liquid assets are those considered easy to liquidate. Such as savings, money market accounts and cash on hand. Non liquid assets are difficult to liquidate. Certificates of deposits are an example of a non liquid asset.
plant assets comes under non current assets. now non current assets are those which are not easily feasible in cash like land, building or other fixed properities.