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

The correct answer is d. Goodwill.<br /><br />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.