When a major corporation develops its own trademark and over time it becomes very valuable, the trademark may be shown on their balance sheet due to lack of a material cost.

Question

Quizplus · Accepted Answer

This is true because a trademark is an intangible asset that can add value to a company, and it can be recorded on the balance sheet as part of its overall worth. There is usually no material cost associated with developing or maintaining a trademark, so it may not be reflected in the company's physical assets but still has value.

When a Major Corporation Develops Its Own Trademark and Over