Chapter 4, Problem 17Q

To determine

Long – Term Investments: Long – term investments are those investments that are generally held by a company for more than one year, for example, investment in stocks, bonds, long – term accounts receivables and so on.

Property, Plant and Equipment: Property, plant and equipment refers to that category of assets that have comparatively longer useful lives and also they are used by the company in its daily operations. They include machinery, land, and building and so on.

To Identify: The difference between long – term investments and property, plant and equipment.