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Business, 24.09.2019 02:10 theweave2776

Unique aged cheeses, inc. specializes in two varieties of cheese which require a 1-month setup process to procure and set up the necessary raw materials, then an 18-month aging process before the products are ready for sale to customers, who typically pay within 30 days. these two cheeses are unique’s only products. for the purpose of classifying assets and liabilities on the balance sheet, what will be the length of the time period used to draw the current vs. long-term (noncurrent) distinction?

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