Which of the following is NOT an example of current assets?

Current assets are defined as assets that are expected to be converted into cash or used up within one year or within the business's operating cycle, whichever is longer. Cash is the most liquid current asset, as it is readily available for use. Inventory is also classified as a current asset since it is expected to be sold in the near term as part of business operations. Accounts Receivable represents amounts owed to the business by customers for goods or services provided on credit and is also expected to be converted into cash within the year.

Long-term investments, however, are not considered current assets. These are investments that a company intends to hold for more than one year. They typically include stocks, bonds, real estate, and other investments that the company does not plan to convert to cash or sell in the near term. Thus, distinguishing long-term investments from current assets is key, as they play different roles in a business's financial strategy and liquidity management.