Which of the following is considered a tangible asset? A) a plot of l
QUESTION
Which of the following is considered a tangible asset?
A) a plot of land
B) a software patent
C) the copyright on a book
D) a trademark on a food product
E) the goodwill a neighborhood business has gained
ANSWER
Answer: A
Explanation: A) Tangible assets are defined as land, buildings, and equipment. Intangible assets are patents, copyrights, and trademarks.
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.