what is the difference between goods and assets
Answers
Answered by
6
Answer:
Assets include different items like fixed assets, current assets and investments. Some are tangible and some are intangible. Many items like cash, ownership rights, etc are the assets of a company but they are not goods. In crude terms we can say that all goods are assets but all assets are not goods.
Answered by
1
Answer:
An economic goods is a tangible article or service that has meaning to people and can be traded for a non-negative value in the marketplace. Assets incorporate various items like fixed assets, current assets and investments. Some are tangible and some are intangible.
Explanation:
Similar questions
Social Sciences,
3 months ago
English,
3 months ago
Math,
7 months ago
English,
11 months ago
English,
11 months ago