Explain the distinction between current and long-term assets pertaining to IBM computers and the investments in equity securities.

Current assets generate revenues instantly while long term assets builds over time

Explanation:

Current assets could be defined as those assets that are expected to generate cash within a short time. They are used to fund the daily or routine operations of the business, examples are cash, inventory, marketable securities, etc

Long term assets are assets that provide economic benefit to the organization for a long period of time, they are not expected to generate revenue instantly like the current assests, they might begin generating revenue after a year or two, examples are plants, equipments, trademark.

In comparison to IBM computers and their investment in equity, it's discovered that some of their investment are over time while some generate income for them immediately

agriculture and oil. natural resources, industry.

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