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 assetsYour Feedback Matters! How was this Answer?
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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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