Fixed Assets
- Topics:
- Decision Analysis
- Source:
- Cathedral Group
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Overview: Assets your business needs to enable you to produce your goods and services, which, in turn, generate sales, are called Fixed Assets. Fixed assets like your land, buildings, vehicles, machinery, and equipment do not produce sales on their own but you manage them and thus contribute to profit. The article shows that managing fixed assets is done to keep the fixed expenses associated with them like interest and depreciation under control which will be assisting you in keeping your selling prices competitive.
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Format: HTML | Date: Jan 2003 | Pages: 1
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