Respuesta :
In general, banks make profits by selling short term liabilities and buying long term assets.
Why are long-term assets crucial?
The company's overall fixed costs are heavily weighted toward long-term assets, which will be helpful going forward. Long-term asset information is crucial for accurate financial reporting, business assessment, and financial analysis of an organisation.
Are short-term liabilities a current liability?
Debts that a business must pay off within a typical operational cycle, typically less than a year, are referred to as current liabilities or short-term liabilities (as opposed to long-term liabilities, which are payable beyond 12 months).
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In general, banks make profits by selling short term liabilities and buying long term assets.
Why are long investments crucial?
The company's overall fastened prices are heavily weighted toward long assets, which can be useful going forward. Long plus data is crucial for correct monetary coverage, business assessment, and monetary analysis of an organisation.
Short-term debt is it a current liability?
Debts that a business should pay off inside a typical operational cycle, generally but a year, are said as current liabilities (sometimes termed short-run liabilities) (as hostile long liabilities, that are due on the far side twelve months).
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