Figure it out • 21d
Fellas, I'm doing a self-post challenge where I'm going to explain a business term briefly every day Today's term: Assets Assets are resources that are owned by a company that provide economic value and future benefits such as generating income, improving sales or even reducing expenses. Assets are reported on a document known as the balance sheet. There are two kinds of assets. Tangible assets have a physical form, such as machinery, cash, vehicles and buildings. Intangible assets lack physical substance, such as patents, trademarks, copyrights and goodwill. Feel free to mention anything important I missed out on!
Trying to do better • 8m
Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Tangible Assets Physical assets that have a physical form and can be touched. Examples: machinery, real estate, vehicles, inventory, and office supplies. 4. Intangibl
See MoreCyber Security Stude... • 1y
Protecting assets is paramount for any organization. Whether digital or physical, assets hold immense value. 📊 Digital assets, such as sensitive employee or client data like SSNs, dates of birth, and bank account details, demand robust safeguarding.
See MoreTrying to do better • 8m
Day 5 About Basic Finance and Accounting Concepts Here's Some New Concepts An asset is anything that an individual, company, or government owns that holds value and can generate future benefits. Assets are essential components in financial accounti
See MoreHey I am on Medial • 10m
Just out of curiosity, Is there any super app which is simple yet gives u a dashboard for everything such as your CIBIL, FAMILY HEALTH INSU, TERM INSURANCE, VEHICLE INSURANCE, YOUR TERM DEPOSITS INFO ETC...and Gives you a combined score in term of ho
See MoreCA Aspirant|Content ... • 10d
Daily dose of financial ratios by Anirudh Gupta Quick ratio: =Quick assets/Current liabilities Where quick assets means, (current assets-inventory) Purpose: -Unlike the current ratio (as we have discussed in the previous post), the quick ratio s
See MoreFigure it out • 17d
Today's term of the day: Equity Equity, in simple terms, is the money that is returned to all the shareholders of a company, if all the company's assets are liquidated and liablities are paid off. It is also a measure of the financial health of a c
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