Intangible assets include:
A) the firm's reputation for its goods and services.
B) a firm's borrowing capacity.
C) depreciated capital assets.
D) manufacturing facilities.

Question

Quizplus · Accepted Answer

Intangible assets are non-physical assets that have value to a firm, such as a company's reputation. B is incorrect because borrowing capacity is a financial liability, not an asset. C and D are incorrect because they refer to physical assets, which are tangible assets.

Intangible Assets Include