Question: The other noncurrent asset items are intangible assets ; that is, they have no physical substance, except as pieces of paper. The Investments item consists

The other noncurrent asset items are intangible assets ; that is, they have no physical substance, except as pieces of paper. The Investments item consists of securities, such as bonds. Evidently Garsden Company does not intend to turn these investments into cash within

(how long?). If these securities were expected to be turned into cash within that period, they would be listed as a current asset, M ________ S ________ .

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