2. What is an Intangible Asset?An asset that is not physical in nature Assets that have no tangible existence Assets of a company that are expected to be sold or used An asset that can easily be converted into cashAnswer: A) An asset that is not physical in nature...
Tangible assets are those assets which can be touched. The main features of tangible assets are: It can be touched because it has a physical...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough ...
What Is a Net Investment in Operating Capital? What Are Net Operating Assets? What is Net Capital? What is Current Capital? What is a Current Ratio? Discussion Comments ByMrMoody— On Jul 13, 2011 When I worked in telecommunications, the company that I worked for was facing serious financia...
In an attempt to deal with this common disparity in the evaluation of various tangible and intangible assets, some accountants have come up with a few methods. One of the more common approaches is to use a baseline number and determine how much of the company's current profit is coming from...
What are the main characteristics of intangible assets? Explain what an intangible asset is. How to distinguish between tangible assets and intangible assets? Define the term intangible asset. What is an intangible asset? Compare and contrast intangible assets to plant assets. ...
Intangible assets are non-physical assets that provide value to a company or individual, such as intellectual property, brand reputation, and goodwill.
Definition:Tangible assets are physical, measurable resources; like property, plant, and equipment, used in a company’s operations to produce a profit. These assets include anything with a physical nature that is used within a company.
After evaluating the credit score and financial ratios of an application, a lender will proceed to look at a borrower’s net asset value, and what amount of that value could be considered as being actually tangible. Unfortunately, it is during this part of the application process that many cu...
Tangible assets are recorded on the balance sheet at the cost incurred to acquire them. Long-term tangible assets are reduced in value over time through depreciation.Depreciationis a noncash balance sheet notation that reduces the value of assets by a scheduled amount over time. Current assets ar...
Tangible assets are the easier to account for because they normally have a finite value and life span. Tangible assets are recorded on the balance sheet initially. As they are used up, an expense representing this use gets carried over to the income statement. Inventory, for example, is ...