Examlex
Which of the following items is NOT included in current assets?
Corporation
A legal entity that is separate from its owners, providing them with limited liability, and has the ability to own assets, incur liabilities, and sell shares.
Interest Rate
The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.
Normal Return
The minimum profit necessary to keep a company in business, regarded as the cost of capital in the long run.
Investment
The allocation of resources, usually money, in order to earn a future return or profit.
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