What is Tangible Assets.

What is Tangible Assets. Give some example of it.

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Tangible business assets can vary from business to business, as the the properties each company needs to operate are not consistent. However, tangible business assets generally fall into two main categories: current and fixed. Current assets are assets the business has on hand that are flexible and which the company can liquidate fairly easily, such as funds in a business bank account. Inventory is another good example of a current asset. Current assets often don't depreciate. Fixed assets are just the opposite. They are harder to liquidate and typically do depreciate. Examples in this category include the company's buildings, machinery, land and furniture,equipments etc.......

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