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fixed asset

Fixed Assets

Fixed Assets What is a ‘Fixed Asset’ ? A fixed asset is a long-term tangible piece of property that an organization owns and uses in the production of its income and is not expected to be consumed or convert into cash any sooner than at least one year’s time. Fixed assets are sometimes collectively referred […]

componentization

Fixed Asset Componentization

Fixed Asset Componentization Fixed Asset Componentization is the practice of separating the asset into component parts. Fixed assets are the building blocks of most of the organizations. Utmost care is required to manage these assets to achieve maximum productivity. There are different techniques to achieve this, and one such technique is asset componentization. When the […]

management

8 ways to Manage Fixed Assets Effectively

8 ways to Manage Fixed Assets Effectively In current competitive business environment, organizations view business profitability not just as a function of revenue, but also better management of resources. Fixed assets often comprise a significant portion of the total assets of an enterprise, and therefore secure an important position on the Balance sheets. The very fact […]

calculate

Fixed Assets Turnover Ratio

Fixed Assets Turnover Ratio Fixed Assets Turnover Ratio   What is Fixed Assets Turnover Ratio? Fixed Assets Turnover is one of the efficiency ratios that use to measure how efficiently the entity’s fixed assets are being used to generate sales. Just like its formula, the main idea of Fixed Assets Turnover is to assess number […]

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