Financial Asset Tangibility Status And Contribution To Company Development
In context to the present business environment, it is seen that every profit-earning company urges for profit maximization while increasing the value of the business through increased goodwill. So, in turn, companies can attract investors at a large rate while assuring the shareholders for a secured higher return. Therefore, in this context, it is observable that role financial assets are highly significant for both the development of the company and the business environment in which it is operating. Often it is said that prior to putting up a business it is necessary to know and understand the assets and that is widely implacable for financial assets. A financial asset is referred to as a liquid asset, which would get its value from certain contractual ownership or right claims. Therefore, for company cash, bonds, stocks as well as bank deposits or mutual funds would be considered as financial assets. Before evaluating the tangibility status of the financial assets, this is importa