BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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.

Detailed explanation-2: -A tangible asset is an asset that has physical substance. Examples include inventory, a building, rolling stock, manufacturing equipment or machinery, and office furniture.

Detailed explanation-3: -Land and buildings are tangible, long-term assets companies use and benefit from over time. They are tangible because they have a physical form-unlike intangible assets (such as patents, trademarks and copyrights) that do not.

Detailed explanation-4: -Physical assets, also known as tangible assets, are items of value that have a real material presence. Physical assets include things like property, plant, and equipment as well as inventories.

Detailed explanation-5: -Tangible assets include cash, land, equipment, vehicles, and inventory. Tangible assets are depreciated. Depreciation is the process of allocating a tangible asset’s cost over the course of its useful life.