Why non-current assets are important?

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Non Current assets are considered as highly important for a company. What makes them important and what makes them different from the non current assets?

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score 0 · Answer 1 · 2012-12-02T18:10:55+00:00

The non current assets are important since these are assets will be realized and will bring economic benefit in the long term. The current assets are important as they boost the liquidity of the company but the non current assets are also important as they enhance the long term survivability of the company.