Assets are resources of economic value that an organization needs in order to operate, especially that which could be converted to cash.
There are two main types of assets,
Tangible assets : Tangible assets are physical resources, (eg- Cash, Office equipment, vehicle, machinery)
Intangible assets : Intangible assets are valuable resources that are not always physical. (eg : Skills, PR, Brand, etc.)
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There are two main types of assets,
Tangible assets : Tangible assets are physical resources, (eg- Cash, Office equipment, vehicle, machinery)
Intangible assets : Intangible assets are valuable resources that are not always physical. (eg : Skills, PR, Brand, etc.)
