Non-Performing Asset - NPA
Categories: Accounting
It doesn’t work. It’s the crap in the basement you swore you’d use…some day.
The weight set you swore you’d use? Yeah. Non-performing. The rowing machine? Same. Companies zone the same grid. That paper and pulp producing machine owned by Real Politics? Well, it works. But it’s useless. They don’t print on paper. It’s non-performing. So it should be written down to market value, probably and/or sold and/or used to perfect hammer swings of sledges on bad days.