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Economics & Finance Below describes company Z assets. Year (USD) Non-Current Assets 2020 Property, Plant and Equipment 2,107,000 Investment in Joint Ventures 521,355 Investment in
Economics & Finance
Below describes company Z assets. Year (USD) Non-Current Assets 2020 Property, Plant and Equipment 2,107,000 Investment in Joint Ventures 521,355 Investment in Associates 130,400 Long term receivables 205,030 Deferred Tax asset 210,500 Table 1: Non-current assets for year 2019 and 2020 2019 2,107,100 490,350 127,050 253,000 264,550 Year (USD) Current Assets 2020 Trade and other inventories 40,350 Trade and other receivables 650,500 Tax recoverable Cash and Cash equivalent 2,880,500 Table 2: Current Assets for year 2019 and 2020 2019 68,350 850,760 65,325 3,350,000 Company Z annual report on assets is as shown above in table 1 & 2. 1. Please Analyse and Classify the company assets. [Answer clearly and formally]Step by Step Solution
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