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Non current assets decrease with depreciation which is due to wear and tear due to usage of that assets in revenue generation.

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10y ago

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Is accounts receivable a current or non current assets?

Current assets


How to calculate total assets?

To calculate total assets, sum all current and non-current assets of a company. Current assets include cash, accounts receivable, inventory, and other assets expected to be converted to cash within one year. Non-current assets encompass long-term investments, property, plant, equipment, and intangible assets. The formula is: Total Assets = Current Assets + Non-Current Assets.


Are investments current assets or other assets?

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Is premises a current asset or non current asset?

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What are the example of non current assets?

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Are the 'term loans' current assets or fixed assets?

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Will the ROI decrease if current assets decrease and everything else remains the same?

Yes, if current assets decrease while everything else remains the same, the Return on Investment (ROI) can decrease. ROI is calculated as net profit divided by total assets. A reduction in current assets without a corresponding change in net profit would lead to a lower denominator in the ROI calculation, potentially resulting in a diminished ROI.


Is Cash and balances with central banks current assets or non current assets?

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What are the reasons for charging depreciation on non current assets?

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What is the difference between non current asset and plant asset?

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