Movable furniture, fixtures or other equipment that are have no permanent connection to the structure of a building or utilities. These items depreciate substantially but definitely are important costs to consider when valuing a company, especially in liquidation.
Investopedia Says:
Examples of FF&E include desks, chairs, computers, electronic equipment, tables, bookcases and partitions.
Related Links:
Learn about the components of the statement of financial position and how they relate to each other. Reading The Balance Sheet
Companies make choices and assumptions in calculating depreciation, and you need to know how these affect the bottom line. Appreciating Depreciation
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