Question

Cash set aside for future plant expansion and a 3 year note receivable are both examples of what on a company's balance sheet?

Answer 1

Cash set aside for future plant expansion and a 3-year note receivable are both examples of long-term investments on a company's balance sheet.

Step-by-step explanation:

The cash set aside for future plant expansion and a 3-year note receivable are both examples of long-term investments on a company's balance sheet. Long-term investments are assets that a company expects to hold for more than one year and are not easily convertible into cash. These investments can include things like stocks, bonds, real estate, and other securities.