Physical assets encompass the actual and potential debt and equity used by the organization as well as any retained earnings or other financial holdings.

Name: Physical assets encompass the actual and potential debt and equity used by the organization as well as any retained earnings or other financial holdings.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Physical assets refer to tangible assets such as property, equipment, inventory, etc. They do not include debt, equity, retained earnings, or other financial holdings.

Physical Assets Encompass the Actual and Potential Debt and Equity