Ruben Aguayo
ACC/291
November 22, 2011
Eduardo De La Cruz, MBA
Tangible vs. Intangible Assets
Assets atomic number 18 something that roughly of us claim and may non enlighten it, they could be tangible or impalpable. Throughout our lifetime we have accrued them or learned them, but yet not put them to use. Question is what is a tangible asset and what is an intangible asset and do I have enough of it to clutch me comfortable for a lifetime or do I have enough knowledge of assets to make it make up to my advantage. This is where I will be distinguishing the difference between tangible and intangible assets.
Tangible assets are either goods or material character such as stocks, furniture like; Persian rugs, very(prenominal) expensive works of art, machines, a house, land and lets not forget money. These are some examples of tangible assets that most of us had no idea were actually considered assets.
We can everlastingly use these material things to our advantage to live comfortably and be content, but do we have the knowledge to make these assets work for us, or do we have to work hard to save up them. This is where intangible assets come to play.
Intangible assets are considered the goods of immature nature. In other words the knowledge of what to do with them. For example: relations with clients, operative processes, the technology of information and databases; and the capacity, abilities and innovations of the employers.If you want to get a full essay, order it on our website: Orderessay
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