Question

What is meant by tangible assets?​

Answer 1

Answer:

Tangible assets are physical; they include cash, inventory, vehicles, equipment, buildings and investments. Intangible assets do not exist in physical form and include things like accounts receivable, pre-paid expenses, and patents and goodwill.

Step-by-step explanation:

Tangible assets, also known as hard assets, are physical items with a clear purchase value used by a business to produce goods and services.

Answer 2

Answer:

tangible assets is an asset that has a physical existence, they include cash,inventory vehicles,equipment,building and investment.