MANAGEMENT

Detailed explanation-1: -Assets are valuable resources owned by a business, expected to create economic benefits for a business. Assets include plant, property, goodwill, inventory, cash, marketable securities, etc.

Detailed explanation-2: -A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.

Detailed explanation-3: -Business assets are items of value that your business owns, creates or benefits from. Assets can range from cash, raw materials and stock, to office equipment, buildings and intellectual property.

Detailed explanation-4: -Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company’s health, providing a useful snapshot of its current financial position.