What does it mean?
Any resource with an economic value can be termed as an asset. Assets entail future benefits and thus increase the value of the owner.
Owners use assets in various ways. They are used to reduce expenses, facilitate cash flow generation or sales improvement. Assets must be logged in the balance sheet. There are majorly four types of assets, current, fixed, financial and intangible.
Points to remember:
Example: Stocks are financial assets which economically benefit the owner.
Personal Loan EMI Calculator
Skip the manual calculations. Use the EarlySalary EMI Calculator to accurately determine your repayment amounts, interest charges, and more.
EarlySalary's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. EarlySalary offers personal loan of up to Rs 2 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With EarlySalary, you can even prepay your loan amount with no additional charges.