Explain the term Fixed Assets
Explain the term Fixed Assets and what are their advantages in production or business aims?
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Fixed Assets are such assets that are employed for production or business aims. Its advantages are acquired by company in lots of years after its purchasing. Such assets are not purchased for selling aims however only employed for trading and offering better services. In such assets, we can comprise land and building, plant and machinery, computers, vehicles, and equipments and so on. Such assets are illustrated in the asset side of balance sheet. We charge depreciation on such assets and exhibit depreciation as loss in the gain and loss account of company and subtract current year depreciation from specific assets in the balance sheet.
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Suppose a firm's common stock paid a dividend of $1.75 yesterday. You expect the dividend to grow at the rate of 8% per year for the next 3 years, if you buy the stock, you plan to hold it for 3 years and then sell it. Discover Q & A Leading Solution Library Avail More Than 1431718 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1944309 Asked 3,689 Active Tutors 1431718 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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