Carla is a loan analyst at the bank.When Gary applied for a loan, Carla looked at his balance sheet for ________ assets to evaluate a possible loan for his company's financing.
A)direct and indirect
B)tangible and intangible
C)those founded upon past performance and those depending on future performance
D)industry-specific and business-specific

Question

Quizplus · Accepted Answer

Tangible assets are physical items such as property, equipment, and inventory, while intangible assets are non-physical assets such as patents, trademarks, and goodwill. Evaluating both types of assets can give Carla a full understanding of Gary's company's financial situation and determine if they are eligible for a loan.

Carla Is a Loan Analyst at the Bank