Chondroplasty is an option in cases of mild to moderate cartilage wear. During arthroscopy the loose cartilage flaps and debris within the knee are removed using an arthroscopic shaver. Great care is taken to avoid damaging normal cartilage.
Short Term Investments as Current Assets on the Balance Sheet. These are investments that a company plans to sell shortly or can be sold to provide cash. These short-term investments aren't as readily available as money in a checking account but they provide added cushion if some immediate need were to arise.
Short Term vs. Long Term. The determining factor of short- and long-term notes receivable is time. Short-term notes are notes due within 12 months or less. If the note is due in more than a year, it's a long-term note. Short-term notes receivable are considered a current asset. As such, they're included in the balance sheet under the current asset category. Long term notes are presented on the balance sheet along with other non-current assets.