What is a Tangible Asset?
An
asset which has a physical form is called Tangible Assets. Tangible assets
include Fixed Assets and Currents Assets.
1. Fixed
Assets: Plant & Machinery, Land & Buildings, Furniture
& Fixtures, Computer, Laboratory Equipments etc.
2. Current
Assets:
Cash, including foreign currency Investments except for investments that cannot
be easily liquidated, Prepaid expenses, Accounts receivable, Inventory etc.
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