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You can obtain a capital asset, otherwise known as a fixed asset by purchasing something for you or your company that has quite a high cost and is not perishable or a service. Examples include computers, machinery, etc.

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12y ago

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Related Questions

How can one obtain student credit cards with Capital One?

There are many ways one can obtain student credit cards with Capital One. One can obtain student credit cards with Capital One by applying on their official website.


How can one determine capital gains?

Capital gains can be determined by subtracting the original purchase price of an asset from the selling price of that asset. The difference between the two amounts is the capital gain.


Is owner's capital asset?

no owners capital is not an asset its an internal liability for the company


Is owner capital an asset?

no owners capital is not an asset its an internal liability for the company


What is Net Long-term Capital Gains?

If your gross sales price is more than your adjusted cost basis of the capital asset you would have a gain on the sale of a capital asset. If you owned the asset for more than one year and it is sold at a gain then you would have LTCG. (long term capital gain)


Are accounts receivable a capital assets?

No, capital assets are listed as PP&E (Property, Plant, & Equipment). An account receivable is either a current asset or a long-term asset, not a capital asset.


Is salary a capital expenditure?

No. No capital asset results from it.


Is owner's capital a current asset or other asset?

None!- Its liability.


Capital budgeting decision making wiht unequal lives?

In capital budgeting with unequal lives first of all time lines are stretched to match exacly same number of years to find out the capital budgeting decision for example one asset with 3 years and another asset is for 4 years will equal to year 12 with asset one will be purchased 4 times while asset two will be purchased for 3 times and then all calculations related to cash inflows and outflows are done.


How do you calculate capital gains when selling an asset?

To calculate capital gains when selling an asset, subtract the purchase price from the selling price. This difference is the capital gain.


Is capital classified as an asset?

yes


What is asset structure?

capital structure

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