单词 | net fixed assets |
释义 | net fixed assetsDefinition The value of fixed assets for a point in time on a balance sheet. Formula: (Purchase price of all fixed assets + Leasehold improvements) - (Accumulated depreciation + Total liabilities). Use 'net fixed assets' in a SentenceI had to determine what out net fixed assets were and that made me angry because I hated doing the boring work. The net fixed assets were presented to the CFO and then he would make his recommendation with the best usage. The company was sold for too much because the depreciated net fixed assets were based on valuations from ten years ago. |
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