Hey there friend,
In this answer I will decode what is tangible and intangible assets. Most people tend to confuse these terms. A friend of mine shared with me the meaning, passing on the good karma. I will explain the meaning in easy and clear language. Take a look at my answer to know more.
What is the meaning of tangible and intangible assets ?
Tangible assets:
Tangible assets can be deemed as physical assets or property owned by a company. The most common examples are equipments, buildings, inventory etc. These assets are physically present.
Intangible assets :
Intangible assets can be deemed as non-physical assets that have a monetary value since they represent potential revenue. Common examples of intangible assets are patents, copyrights, and a company's brand.These assets are not physically present.
If you have any more questions about what is tangible and intangible assets. Leave them in the comments below. I hope you liked my answer on tangible and intangible assets.
Read more : What do you mean by non performing assets? In divorce how are assets divided in India? what is the difference between tangible and intangible assets
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What is tangible and intangible assets ?
Saamy
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3 Year
2022-02-28T07:06:26+00:00 2022-02-28T07:07:30+00:00Comment
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