Coral Think Inc.is a new company in the publishing industry.It has raised sufficient capital from multiple sources.It is planning to use its capital to purchase certain assets.Which of the following assets will be the most difficult for Coral Think Inc.to acquire using its capital?
A) inventory
B) tools and equipment
C) land and building
D) brand name

Question

Quizplus · Accepted Answer

A brand name will be the most difficult for Coral Think Inc. to build merely using its capital. Tangible assets, like buildings or computer servers, can be bought on the open market by any comers who have the necessary cash. However, a brand name must be built, often over long periods of time.