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Fixed Asset |
Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson | 0.03 sec. |
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Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Adjusted Basis Fair market value Cash $ 50,000 $ 50,000 Accounts 30,000 25,000 Fixed assets 30,000 200,000 Total $150,000 $275,000 Clearly, measuring return on fixed assets isn't the only way a company should gauge its financial performance. That said, the final definition is broad and might appear to overlap with activities related to buying or building certain assets, such as fixed assets and inventory--comments on the exposure draft of the SOP highlighted some of the confusion. |
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