Rogers Communication has over a dozen products in a various stages of development in any given time. For these products, nearly a half will have patents before the testing stage. These patents are considered:
A)intangible debts
B)tangible debts
C)intangible assets
D)tangible assets

Question

Quizplus · Accepted Answer

These patents are considered intangible assets
Key Takeaway: Companies' assets are divided into tangible and intangible assets. Tangible assets include such items as inventory, buildings, supplies and machinery. Intangible assets include intellectual property and patents.

Rogers Communication Has Over a Dozen Products in a Various