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When I hear the word asset in business, what usually comes to my mind is money, I believe that money is an asset in business but there are other things that count as asset to a particular business. Please if ...Read more
When I hear the word asset in business, what usually comes to my mind is money, I believe that money is an asset in business but there are other things that count as asset to a particular business. Please if you have an idea help me out in this regard?
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Business assets are the things that a busines owns that brings it money and has a resale value. The value and net worth of a business is based on the value of the assets the business has. Some typical examples of business assets are buildings owned by the business, the equipment owned by the businesRead more
Business assets are the things that a busines owns that brings it money and has a resale value. The value and net worth of a business is based on the value of the assets the business has. Some typical examples of business assets are buildings owned by the business, the equipment owned by the business and the productive raw materials that the business owns. Business assets are very important as they can directly affect the profitability of the business.
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