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Total assets less net fixed assets equals

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Joanne Skiles

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Q: What does total assets less net fixed assets equal?
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What does total assets less net fixed assets equals?

Total assets less net fixed assets equals


Is owners equity equal to the business liabilities less the business assets?

No. Owners Equity is equal to Business Assets less Business Liabilities.


What is the term given for total assets less total liabilities?

That would be your net assets or net worth.


When fixed cost decreases what does this do for the break-even point?

When fixed assets reduces it also reduces the breakeven point because now less number of units required to fulfill the fixed cost.


What is an explanation of net assets?

The net assets refers to total assets less the outside liabilities of a given company or individuals.


What is Adjusted Tangible Net worth?

totalasset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks. total asset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks.


Why fixed assets are more profitable than current?

in my point of view fixed assets are fix by nature and gives fix type of revenue and there is less chance of risk in it and on the other hand current assests are not fix likecash receipts,debtors .there is more risk factor in it.


What is the break even sales in units if a firm sells units at 40 each variable costs per unit are 10 and total fixed costs equal 120000?

To determine the break even sales in units, divide total fixed costs by the contribution margin per unit. Contribution margin per unit equals sales price less variable costs. Here, contribution margin per unit equals $30 each (i.e. $40 less $10). Total fixed costs equal $120,000. Therefore, the break even sales in units would equal $120,000 / $30 or 40,000 units.


What happens to the value of average fixed cost as the level of output increases?

The average fixed cost is equal to fixed cost divided by level of output, if the output increases; the average fixed cost is less.


What are the three reasons why depreciation occur?

Depreciation is the process of allocating the cost of a fixed asset (less residual value) over its estimated useful life in a rational and systematic manner. Depreciation can occur due to wear and tear, usage, effluxion of time, obsolescence through technology, market changes and inadequacy.


What things do you need before making a balance sheet?

Assets: current assets (incl. cash, accounts receivable, inventory) and non-current assets (intangable, tangable and investment types) which equal total asset. Liabilities: current liabilities (incl. provisions, debt, accounts payable, accruels) and non-current liabilities (incl. long-term debt, payables and provisions) which make up the total liability. If the company is limited liability then owners equity, which includes capital and retained earnings. Total asset less total liability and owners equity should equal zero. That is: TA - (TL + Equity) = 0. Where TA is total asset and TL is total liability. ~MB


Is the current in one branch of a parallel circuit more than less than or equal to the total current?

its less then the total current