What Is a Strategic Asset? Provide an Example of a Strategic

question 64

Essay

What is a strategic asset? Provide an example of a strategic asset that is utilized by an entrepreneurial firm.

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Definitions:

Asset Disposals

The process of removing a fixed asset from the financial statements due to sale, trade, or retirement, involving the calculation of any gain or loss.

Interest

A charge for borrowed money, generally a percentage of the borrowed amount.

Dividends

Dividends are portions of a company's earnings paid to shareholders as a distribution of profits.

Non-Operating Activities

Transactions and events that are not related to the primary operations of a business, such as investment income or losses from the sale of assets.