Which of these are tangible assets? (Check all that apply.)Multiple select question.furniturecomputerscopyrightdelivery equipmentaccounts receivable
Question
Which of these are tangible assets? (Check all that apply.)
- furniture
- computers
- copyright
- delivery equipment
- accounts receivable
Solution
To determine which of the listed items are tangible assets, we need to clearly define what tangible assets are. Tangible assets are physical items that can be touched or physically measured. They have a physical presence and are used in the operations of a business. Here's a breakdown of the options provided:
-
Furniture: This is a physical object that can be touched and measured. Therefore, it qualifies as a tangible asset.
-
Computers: Like furniture, computers are also physical assets that can be used in business operations. Thus, they are considered tangible assets.
-
Copyright: This is an intellectual property right that provides protection for creative works. It is not a physical asset, so it is not a tangible asset.
-
Delivery Equipment: This includes vehicles and machinery used to deliver goods. Since these are physical items, they qualify as tangible assets.
-
Accounts Receivable: This refers to money owed to a business by its customers. It is considered an intangible asset because it represents a claim on future cash rather than a physical item.
Summary of Tangible Assets
Therefore, the tangible assets from the list are:
- Furniture
- Computers
- Delivery Equipment
Final Answer
Tangible Assets: Furniture, Computers, Delivery Equipment.
Similar Questions
Which of these are tangible assets? (Check all that apply.)Multiple select question.furniturecomputerscopyrightdelivery equipmentaccounts receivable
Which of the following is not an example of a tangible asset?Multiple ChoiceFranchise rightsOffice buildingManufacturing equipmentCopy machine
Which of the following items are intangible assets? (Select all that apply.)Multiple select question.equipmentcopyrightlandtrademarkpatent
Which of the following assets does not decline in service potential over the course of its useful life?Group of answer choicesLandFurnishingsEquipmentFixtures
Which of the following is a financial asset?Answer : Machinery Intangible assets Loan receivable Prepayments
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.