which of these is an asset
a vehicle
mortgage
investment in company
stock
A vehicle and an investment in company stock are assets.
To determine which of these is an asset, let's understand what an asset is. An asset is something owned by an individual, company, or organization that has economic value and is expected to provide future benefits.
Now, let's evaluate each item based on the definition of an asset:
1. Vehicle: A vehicle can be considered an asset if it is owned outright and has economic value. However, if the vehicle is financed or leased, it may be considered a liability instead of an asset.
2. Mortgage: A mortgage represents a debt or liability rather than an asset. It is an agreement where a lender provides financing for the purchase of a property, and the property itself is used as collateral. Therefore, a mortgage is not an asset.
3. Investment in a company: If you have invested in a company by purchasing its shares or equity, it is considered an asset. Investing in a company can provide ownership rights and potential financial returns, making it an asset.
Therefore, the asset among the options you provided is the "investment in a company."
All three options, a vehicle, mortgage, and investment in a company, can be considered as assets, but they fall into different categories:
1. A vehicle can be considered as a tangible asset since it has a physical form and can be used to generate value or income.
2. A mortgage, on the other hand, is a liability rather than an asset. It represents a debt or obligation to repay borrowed funds and does not have intrinsic value.
3. An investment in a company, such as stocks or ownership stakes, is considered a financial asset. It represents a claim on the company's assets and can generate returns in the form of dividends, interest, or capital appreciation.
So, out of the three options, only a vehicle and investment in a company can be considered assets.