Tangible or Intangible assets

Question

This question is pertaining to the stock Photo industry. Images are not sold but licensed multiple times. For valuation of the company's assets  are stock images/stock photos tangible assets.

Accepted Answer

A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, stock photos and stock images are all examples of intangible assets.

Tangible Or Intangible Assets

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This question is pertaining to the stock Photo industry. Images are not sold but licensed multiple times. For valuation of the company's assets are stock images/stock photos tangible assets.

Expert's Answers(2)

Advocate Harish Chandra Yati

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