Final answer:
Non-current assets are long-term assets, and they have a significant impact on an organization's operations and financial health.
Explanation:
Non-current assets, also known as long-term assets, are assets that a company does not expect to convert to cash or sell within a year. These assets typically include long-term investments, property, plant, equipment, and endowment investments.
Non-current liabilities, such as long-term loans or bonds, can affect the organization's current assets by increasing the demand for liquidity. If there are significant non-current liabilities, the company may need to use current assets like cash to fulfill those obligations.
Long-term assets like buildings and equipment have long useful lives and are essential for operations. Selling these assets would impact the organization's capacity to deliver services effectively.
Learn more about Non-current assets and their impact on an organization here:
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