Economy, asked by JamesPraveen1327, 8 months ago

Allows the user use the asset for a limited period or almost the full economy life without owning the asset

Answers

Answered by manjusaba4388
0

Explanation:

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses, or improve sales, regardless of whether it's manufacturing equipment or a patent.

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