Question

Which one of the following is a real asset? Explain

A. A Patent
B. A personal IOU
C. A checking account balance
D. A share of stock

Answer 1

A. Patent

Step-by-step explanation:

Real assets include all assets used in the production or sale of the firms’ products or services. They can be tangible (e.g, plant and equipment) or intangible (e.g., patents. Trademarks, or special expertise)

Answer 2

I think that the correct answer is A hope this helps :)