The main difference between current and long-term is their liquidity. Current assets are easily converted into cash while long-term ones require more time in order to do so due to the fact that they have longer useful lives which means they must generate returns over an extended period of time before being sold off. This also impacts how companies finance their operations since current liabilities can typically be paid off with ease while long term ones usually require additional financing sources (e.g., equity or debt).
Get the Complete Custom Written Paper Written by Real Humans Who have exceptionally Excelled in their Studies and understand what your professor wants
We have writers who will write a complete custom paper for you from scratch, on the above topic. We create original papers with A FREE PLAGIARISM REPORT. Our tutors are also professional Exam Takers
Login to Dashboard
Gain access to your custom papers.and place new orders