News tagged with assets
When prejudices become a disadvantage
(PhysOrg.com) -- Swiss researchers from ETH Zurich have been exploring the question of whether prejudices might be rational under certain conditions. Using game theory, they created various scenarios and played ...
Other Sciences / Social Sciences
Mar 08, 2012 |
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Mathematically detecting bubbles before they burst
From the dotcom bust in the late nineties to the housing crash in the run-up to the 2008 crisis, financial bubbles have been a topic of major concern. Identifying bubbles is important in order to prevent collapses that can ...
Oct 31, 2011 |
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Fate of digital assets 'vague' after death
When you die, does your Facebook account die with you? Or that online photo album? What about your iTunes playlist, blogs or tweets?
Sep 13, 2011 |
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Financial risk taking: Blame it on the genes
Financial institutions continue to teeter on the brink of ruin. Banks are still devouring bailout money without loosening credit enough to make a difference in a recession that is sweeping the globe. And everyone keeps asking, ...
Feb 11, 2009 |
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Intel handed 643-million-dollar Danish tax bill: report
Intel, the US technology giant, has been handed a 643-million-dollar bill by tax authorities in Denmark over its disputed sale of a Danish company, the Jyllands-Posten daily reported Tuesday.
Apr 07, 2009 |
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People without cars, financial assets less likely to marry: study
A study published this week in the American Journal of Sociology finds that people who lack personal wealth in the form of a car or financial assets are significantly less likely to enter into a first marriage. The result ...
Other Sciences / Social Sciences
Oct 06, 2011 |
3.3 / 5 (4) |
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What happens to your Facebook when you die? Digital assets oft forgotten
When most people think about bequeathing their belongings, it's the obvious: the house, the car, bank accounts, the sentimental family mementos.
Dec 19, 2011 |
3.3 / 5 (3) |
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Beyond GDP: Experts preview 'Inclusive Wealth' index
Brazil and India pay a high price for rapid economic growth, according to experts speaking at a major international meeting in London, Planet Under Pressure.
Other Sciences / Economics & Business
Mar 28, 2012 |
4 / 5 (2) |
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New study finds racial wealth gap quadrupled since mid-1980s
The wealth gap between white and African-American families increased more than four times between 1984-2007, and middle-income white households now own far more wealth than high-income African Americans, according to an analysis ...
Other Sciences / Social Sciences
May 17, 2010 |
3 / 5 (2) |
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Data from NYHOPS assists rescue efforts in Flight 1549 emergency
With its unique location along the western bank of the Hudson River, Stevens Institute of Technology provided a dramatic front row venue for the emergency landing and successful rescue of U.S. Airways Flight 1549.
Space & Earth / Earth Sciences
Jan 21, 2009 |
5 / 5 (1) |
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Fallen star SGI to sell most assets for $25M
(AP) -- Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers ...
Apr 01, 2009 |
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Overexposure to credit default swaps contributed to financial meltdown, study finds
a market-traded form of investment insurance - are believed to have contributed to last year's financial meltdown.
Other Sciences / Economics & Business
Jan 04, 2010 |
5 / 5 (1) |
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Kids' savings, college success linked
(PhysOrg.com) -- Evidence supporting the link between savings and college success is growing. Three studies out of the Center for Social Development (CSD) at the Brown School at Washington University in St. ...
Other Sciences / Social Sciences
Apr 26, 2011 |
5 / 5 (1) |
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Consortium prevails over Google for Nortel patents (Update)
(AP) -- A consortium that includes leading smartphone makers Apple and Research In Motion prevailed over Google this week with a $4.5 billion cash bid for about 6,000 patents and patent applications from ...
Jul 01, 2011 |
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Borders end to have ripple effect across country
(AP) -- What happens when a pioneer like Borders goes out of business? Depends on who you ask.
Jul 20, 2011 |
5 / 5 (1) |
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Asset
In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent ownership of value that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.
For more information about Asset, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
