Commerce Exam > Commerce Questions > how do tangible assets contribute towards the...
Start Learning for Free
how do tangible assets contribute towards the generation of profits?give two examples.
?
Most Upvoted Answer
how do tangible assets contribute towards the generation of profits?g...
Tangible Assets are defined as any physical assets owned by a company that can be quantified with relative ease and are used to carry out its business operations. These can include any kind of physical properties such as a piece of land that might be owned by a company along with any structure built upon it, including the furniture, machinery, and equipment housed in it.
List of Tangible Assets Examples
- Property –Property includes land, building, office furniture, etc
- Plant– Plant is the physical space where the workers work or provide services
- Equipment– This refers to the machinery, vehicles and other tools & equipment used to produce
- Inventory– This includes alltypes of inventorylike the finished goods as well as WIP and raw material inventory
Tangible Assets Examples in Companies
Depending on the type of company, these assets may or may not make the most significant asset amounts. Here are the two tangible asset examples –
- High Capex companieslike Oil and Gas companies, Real Estate Companies, Car Manufacturers have a large percentage oftotal assetstied up in Plant, Equipment, and Machinery. Therefore, you will find a large amount of tangible assets on the balance sheet.
- Services companieslike Microsoft or Infosys will have far fewer assets. Such companies own a large number of intangible assets like patents, copyrights, etc.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)?
Question Description
how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)?.
how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)?.
Solutions for how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? defined & explained in the simplest way possible. Besides giving the explanation of
how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)?, a detailed solution for how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? has been provided alongside types of how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? theory, EduRev gives you an
ample number of questions to practice how do tangible assets contribute towards the generation of profits?give two examples. Related: Management as an Art, Science and Profession (Overview)? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup