define of the tangible assets??
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Fixed assets, also known as tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, described as liquid assets.
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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.
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