Examlex
The Sierra Nevada mountain range in California is an example of
Fixed Assets
Long-term tangible assets that a company owns and uses in its operations to generate income, not expected to be converted into cash within a year.
Long-Term Assets
Assets owned by a company that have a useful life of more than one year, such as property, plant, and equipment.
Current Assets
Current assets are assets that are expected to be converted into cash, sold or consumed within a year or within the normal operating cycle of the business, such as cash, inventory, and receivables.
Installation
refers to the process of setting up and configuring equipment or software to make it ready for use.
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