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Patents and Copyrights fall under the category of:
Current Assets
Liquid Assets
Intangible Assets
None of Above
Intangible Assets is the correct
- Current Assets: These are assets expected to be converted into cash within a year. Examples include cash, inventory, and accounts receivable.
- Liquid Assets: These are assets that can quickly be converted into cash with minimal impact on their value. Cash and bank accounts are typical examples.
- Intangible Assets: These are non-physical assets that have value due to their intellectual or legal properties. Examples include patents, copyrights, trademarks, and goodwill.
- None of Above: This option would apply if none of the categories were suitable, but in this case, intangible assets fit.
By: santosh ProfileResourcesReport error
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