Which of the following is an intangible asset? a. Plant b. Inventory c. Machinery d. Goodwill

The correct answer is d. Goodwill.Intangible assets are assets that lack physical substance but have value to the owner. Goodwill is an example of an intangible asset. It represents the excess value of a company over its net assets, which is often due to factors such as brand reputation, customer relationships, and intellectual property.