a) What are Assets? Please also discuss the value of asset over time. Give examples of University assets that will increase in value and assets that will decrease in value over time. Hint: if you buy a car for RM 100,000 in 2016, how much money will you get if you sell your car now in 2020? | An asset is a resource with economic value that is owned or regulated by a person, organization, or country with the intention that it will provide a future profit. can be considered as something that, regardless of whether it is manufacturing equipment or a patent, can produce cash flow, decrease expenditures, or increase revenues in the future Assets can be broadly categorized into short-term (or current) assets, fixed assets, financial investments, and intangible assets. Current assets are short-term economic resources that are supposed to be transformed within a year into cash value of asset over time Asset valuation often consists of subjective and objective measurements Today's value is the deductible value of the dividend amount plus the price of future assets Asset prices can increase, if you make a capital gain examples of University assets that will increase in value and assets that will decrease in value over time Examples of University assets that will increase in value is Real estate, plant and equipment (non-current asset) Examples for assets that will decrease in value over time is student debtors (current assets) which is from 8,570,028 (2018) to 5,606,235 (2019). You are required to submit a report to convey your opinion and findings on the assignment