Problem

Classifying tangible and intangible assets RequiredIdentify each of the following long-ter...

Classifying tangible and intangible assets Required

Identify each of the following long-term operational assets as either tangible (T) or intangible (I).

a. Pizza oven


b. Land


c. Franchise


d. Filing cabinet


e. Copyright


f. Silver mine


g. Office building


h. Drill press


i. Patent


j. Oil well


k. Desk


l. Goodwill

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