An example of tangible capital is
A) a restaurant's unsold, unopened cans of soda.
B) an idea for a new business.
C) the goodwill a firm has established through advertising.
D) knowledge of how to program a computer.

Question

Quizplus · Accepted Answer

Tangible capital refers to physical assets that a company uses in its operations to generate revenue. A restaurant's unsold, unopened cans of soda are physical items that can be seen and touched, making them an example of tangible capital. Choices B, C, and D represent intangible assets, such as ideas, goodwill, and knowledge, which cannot be physically touched or seen.

An Example of Tangible Capital Is