All those assets which is usable within one fiscal year is called current assets like cash, inventories etc while all those assets which are usable for more than one fiscal year is called non-current or long term assets like building, machinery etc.
There is no such thing as unexempt assets. They are called non-exempt assets, and they are assets that must be given up.
The ratio between current assets to current liability is called "Current Ratio".
fixed assets are those assets which are not intended to sale. If we sell those assets then our business will not survive.
No.
All those assets which is usable within one fiscal year is called current assets like cash, inventories etc while all those assets which are usable for more than one fiscal year is called non-current or long term assets like building, machinery etc.
Plant rooms are called as such because they house mechanical and electrical equipment that are essential for the operation of a building, such as heating, ventilation, and air conditioning systems. The term "plant" traditionally refers to machinery or equipment used for a specific purpose, and in this case, the room houses the essential plant equipment for a building's functioning.
The analysis that uses the percent of fixed assets to total assets is called the fixed asset turnover ratio. It helps measure a company's ability to generate revenue from its fixed assets, such as property, plant, and equipment. A higher ratio indicates better utilization of fixed assets, while a lower ratio suggests inefficiency in utilizing these assets.
There is no such thing as unexempt assets. They are called non-exempt assets, and they are assets that must be given up.
Assets
it is a valuable thing possessed by business is called assets. For exampl, Cash , Bank, Land & Building, Machinery, Account Receivable, Investment etc.
net profit devided by total assets is called return on total asset and formula is as follows: Return on total assets = Net profit / total assets.
Bank assets are called rate sensitive assets. These bank assets are always subject to changes because of the interest rates.
Assets-B
The ratio between current assets to current liability is called "Current Ratio".
fixed assets are those assets which are not intended to sale. If we sell those assets then our business will not survive.
The total amount of physical capital available in a country is called its capital stock. This includes machinery, equipment, buildings, infrastructure, and other tangible assets used in production.