is a trademark a return on asset, a current asset, a liquid asset or a fixed asset

Answer 1

A trademark is considered a fixed asset. Fixed assets are long-term tangible or intangible assets that a company uses in the production of its goods and services and are not expected to be converted into cash within a year. Trademarks are intangible assets that can provide value over time through brand recognition and customer loyalty. They are not classified as current assets or liquid assets, which are generally expected to be converted into cash or consumed within one year.