Which of the following would be considered a tangible asset? 1. leasehold improvements
2) goodwill
3) land
4) mineral deposits
5) patent
A) 1, 3, and 4
B) 2 and 4
C) 2, 3, 4, and 5
D) 2 and 5

Question

Quizplus · Accepted Answer

Tangible assets are physical and can be touched or seen. Leasehold improvements, land, and mineral deposits are tangible, whereas goodwill and patents are intangible.

Which of the Following Would Be Considered a Tangible Asset