Question

what is tangible asset? give your own answer

Answer 1

Answer:

the answer is

Fixed assets, also known as long-lived assets, tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. Fixed assets are different than current assets, such as cash or bank accounts, because the latter are liquid assets.

Explanation:

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Answer 2

Explanation:

Tangible assets are typically physical assets or property owned by a company, such as equipment, buildings, and inventory. Tangible assets are the main type of assets that companies use to produce their product and service.