Question: Part 2 - Capital Assets - Short Answer (8 marks) a. Explain what characteristics distinguish capital assets from inventory? Explain each asset and the difference,

 Part 2 - Capital Assets - Short Answer (8 marks) a.

Part 2 - Capital Assets - Short Answer (8 marks) a. Explain what characteristics distinguish capital assets from inventory? Explain each asset and the difference, then provide an example of each (4 marks) b. For each asset below, explain how it contributes to generating revenue for the business (4 marks) Business Roots Gym Type of Asset Warehouse Weights / Fitness equipment D Focus

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