EQL211 2

Non-current assets are long-term assets that are not easily converted to cash

• True

• False

Property, Plant, and Equipment (PP&E) assets is used to generate revenues and profits.

• True

• False

Assets of a company helps the company to generate revenue.

• True

• False

Business can increase the value of their business with assets.

• True

• False

Assets (specially PPE assets) helps a business to run its daily operations.

• True

• False

Balance sheet shows the position of the business.

• True

• False

Assets helps the business to increase their ______.

• expenses

• goodwill

You get to know the profitability of the business by its balance sheet.

• True

• False

The balance sheet of the company attracts the investors to invest in the company.

• True

• False

The balance sheet of the company should be balanced.

• True

• False