the capital property of an organization or business, non-trading business assets
Those resources recorded on the balance sheet that are long-lived (i e having an economic life greater than one year)
Assets that are used to produce revenue and are not intended for sale, such as office furniture, vehicles, real property, building improvements, and factory equipment Also called "long-term" assets
Tangible property used in the operations of a business but not expected to be consumed or converted into cash in the ordinary course of events Plant, machinery and equipment, furniture and fixtures and leasehold improvements comprise the fixed assets of most companies Companies with a lot of fixed assets can be accurately valued with the price-to-book ratio See "Price/Book Value " BACK TO TOP
those assets acquired for use by the union with no intention of selling them until their usefulness is dimished, such as land, office equipment, furniture, etc
Estimated value of land, buildings, equipment, and other tangible items owned by the organization
Land, buildings, plant, equipment, and other assets acquired for carrying on the business of a company with a life exceeding one year Normally expressed in financial accounts at cost, less accumulated depreciation
Long-term assets are things like machinery, land equipment etc , things that can not be quickly turned into cash
Anything companies use for more than one year to manufacture, display, store, and transport products Often called "Property, plant, and equipment" because that's what fixed assets usually are Listed after current assets in the assets category on the statement of financial position See also assets, noncurrent assets
Land, buildings, machinery, furniture, and other equipment which the LEA intends to hold or continue in use over a long period of time 'Fixed' denotes probability or intent to continue use or possession and does not necessarily indicate immobility of an asset
Assets categorized as "permanent" and not intended to be "turned over" in the normal business cycle Fixed Assets include Land, Buildings, Machinery and Furniture with a useful business life of greater than one year The loss of utility or value in Fixed Assets is represented by periodic Depreciation that is charged against income
Also called long-term assets, they are assets such as office equipment that can be depreciated
A long-term, tangible asset for business use, such as equipment and real estate, that is not expected to be converted to cash in the current or upcoming fiscal year Listed on the consolidated balance sheets
They are also called property, plant and equipment These are assets used to help run or operate the government They are expected to last longer than a year Specifically, they many include vehicles, buildings, and machines Under ordinary circumstances, they are not expected to be converted to cash to pay bills
Permanent assets of a company required for the regular conduct of business which will not be converted into cash during the next year Examples are land, building, furniture and fixtures
the land, buildings, vehicles, materials and equipment owned by the business and used to earn income for the business
Assets of a permanent character that have continuing value such as land, buildings, machinery, furniture, and equipment
The assets of a business that are not expected to be converted into cash within the year, including real estate and equipment