The basis for classifying assets as current or noncurrent is the period of time normally required by the accounting entity to convert cash invested in.

new york state wildlife expert richard thomas found that a woodchuck could (and does) chuck around 35 cubic feet of dirt in the course of digging a burrow. thomas reasoned that if a woodchuck could chuck wood, he would chuck an amount equivalent to the weight of the dirt, or 700 pounds.