Respuesta :
Total intangible assets are $13,019,000.
What are intangible assets?
- An asset that is not physical in nature is said to be intangible.
- Intangible assets include goodwill, brand awareness, and intellectual property like patents, trademarks, and copyrights. Contrasting with tangible assets like real estate, automobiles, machinery, and stock are intangible assets.
- Financial assets like stocks and bonds are also regarded as tangible assets because they receive their value from contractual rights.
There are two types of intangible assets: definite and indefinite. Because it remains with a firm for as long as it is in business, a brand name is seen as an everlasting intangible asset. An agreement to legally use another company's patent without any plans to extend it is an example of a concrete intangible asset.
Total intangible assets = Trademark + Goodwill = $10,009,000 + $3,010,000 = $13,019,000.
Know more about intangible assets with the help of the given link:
https://brainly.com/question/13848560
#SPJ4
