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No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Ive had a similar question like this in a finance exam. Apparently its wrong to say that all financial assets are intangible (i.e. yes, a financial asset can be a tangible asset). Example: Cash
No it is tangible.
no, intangible
Cash is a tangible asset. Unlike something without tangible substance such as goodwill, cash is a hard or a tangible asset.
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
We can feel tangible asset,where as we cannot feel intangible asset
totalasset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks. total asset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks.
No, Capital lease is for tangible assets only so it is tangible assets. Capital lease is to acquire any assets for use in business so that asset is a visible thing so not intangible asset.