Question: As indicated by the first item listed under Noncurrent Assets in Exhibit 1, the usual name for tangible, noncurrent assets is , , and .

As indicated by the first item listed under Noncurrent Assets in Exhibit 1, the usual name for tangible, noncurrent assets is

, , and . Because they are noncurrent, we know that these assets are expected to be used in the entity for more than (how long?).

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