Question

what is Tangible Asset​

Answer 1

Answer:

fixed assets, also known as tangible assets or property

Answer 2

Tangible means something that can be understood. An example of tangible is a scientific fact that is not disputed. The definition of tangible is being touchable or real. An example of tangible is the Pyramid of Giza as an example of Egyptian history.

Tangible assets are physical items that add value to your business. Tangible assets include cash, land, equipment, vehicles, and inventory. Tangible assets are depreciated. Cash, inventory, and accounts receivable are examples of current assets.