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By far, the most intense debate at the Constitutional Convention involved the issue of slavery and resulted in the Great Compromise.
Tangible Assets
Physical assets that can be seen and touched, such as buildings, machinery, and inventory.
Long-term Assets
Assets owned by a company meant to provide value for more than one year, such as real estate, machinery, or patents.
Current Assets
Resources that are anticipated to be turned into cash, sold, or utilized within a year or during the standard operational cycle of a company.
Goodwill
An intangible asset that represents the value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology.
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