Fixed Asset in a sentence
(1) The fixed asset valuation is based on fair market value.
(2) The fixed asset depreciation method used is straight-line.
(3) The company's fixed asset value increased by 10% this year.
(4) The fixed asset disposal resulted in a gain for the company.
(5) The fixed asset acquisition cost was higher than anticipated.
(6) The fixed asset impairment test revealed a decrease in value.
(7) The fixed asset impairment test indicated no impairment losses.
(8) Please provide the opening balance of the fixed asset register.
(9) The fixed asset disposal process requires proper documentation.
(10) The opening balance of the fixed asset register was $1 million.
Fixed Asset sentence
(11) The company's fixed asset turnover ratio improved significantly.
(12) We need to update the fixed asset register with the new equipment.
(13) The fixed asset acquisition was financed through a long-term loan.
(14) The fixed asset disposal proceeds were reinvested in new equipment.
(15) The fixed asset acquisition was approved by the board of directors.
(16) The fixed asset acquisition process involves thorough due diligence.
(17) The accounting department manages inventory and fixed asset records.
(18) The plant assets are included in the company's fixed asset register.
(19) The fixed asset register is regularly updated to reflect any changes.
(20) The fixed asset depreciation method used is the straight-line method.
Fixed Asset make sentence
(21) The fixed asset register provides a detailed breakdown of each asset.
(22) The fixed asset audit revealed discrepancies in the inventory records.
(23) The audited account revealed a discrepancy in the fixed asset records.
(24) The auditors examined the company's fixed asset register for accuracy.
(25) The fixed asset impairment test is conducted annually to assess value.
(26) The company's fixed asset base includes land, buildings, and machinery.
(27) We need to update the fixed asset register with the latest acquisitions.
(28) The fixed asset valuation is reviewed by external auditors for accuracy.
(29) The accounting report analyzed the company's fixed asset turnover ratio.
(30) The fixed asset depreciation expense is recognized as an operating cost.
Sentence of fixed asset
(31) The fixed asset depreciation schedule is reviewed and adjusted annually.
(32) The fixed asset disposal policy requires approval from senior management.
(33) The fixed asset disposal proceeds were used to reduce the company's debt.
(34) The fixed asset register provides a comprehensive overview of our assets.
(35) The fixed asset depreciation expense is recorded in the income statement.
(36) The fixed asset management system allows for easy tracking and monitoring.
(37) The company's fixed asset base is diversified across different industries.
(38) The fixed asset disposal process follows strict guidelines and procedures.
(39) The fixed asset impairment test revealed no significant decrease in value.
(40) The fixed asset depreciation expense is recognized in the income statement.
Fixed Asset meaningful sentence
(41) The company's permanent assets are a key component of its fixed asset base.
(42) The fixed asset impairment loss was recognized in the financial statements.
(43) The fixed asset turnover ratio indicates how efficiently we use our assets.
(44) The fixed asset turnover ratio measures how efficiently assets are utilized.
(45) The historical cost of the vehicle was recorded in the fixed asset register.
(46) The fixed asset turnover ratio is a key performance indicator for investors.
(47) The fixed asset register should be regularly updated to reflect any changes.
(48) The fixed asset acquisition cost was allocated over the asset's useful life.
(49) The company's fixed asset value has been steadily increasing over the years.
(50) The company's fixed asset turnover ratio is higher than the industry average.
Fixed Asset sentence examples
(51) The fixed asset disposal process involves proper documentation and approvals.
(52) The fixed asset turnover ratio indicates the efficiency of asset utilization.
(53) The fixed asset acquisition process follows strict guidelines and procedures.
(54) The fixed asset impairment test considers both internal and external factors.
(55) The fixed asset register provides a comprehensive list of all company assets.
(56) The company's fixed asset turnover ratio improved significantly this quarter.
(57) The fixed asset disposal process involves proper valuation and documentation.
(58) The fixed asset acquisition cost includes purchase price and related expenses.
(59) The fixed asset acquisition required extensive negotiations with the supplier.
(60) The fixed asset management team is responsible for maintaining accurate records.
Sentence with fixed asset
(61) The fixed asset depreciation expense is recognized over the asset's useful life.
(62) The fixed asset register provides a detailed record of all company-owned assets.
(63) The fixed asset impairment loss was recognized due to a decline in market value.
(64) The fixed asset turnover ratio indicates the efficiency of our asset utilization.
(65) The depreciation expense for the fixed asset was recorded in the income statement.
(66) The fixed asset depreciation method used is based on the useful life of the assets.
(67) The company's fixed assets were properly accounted-for in the fixed asset register.
(68) The fixed asset turnover ratio helps evaluate the company's operational efficiency.
(69) The fixed asset impairment test is conducted annually to assess any potential losses.
(70) The fixed asset turnover ratio helps assess the company's asset management efficiency.
Use fixed asset in a sentence
(71) The final account illustrated an increase in the company's fixed asset turnover ratio.
(72) An internal transaction was conducted to adjust the depreciation expense for a fixed asset.
(73) The fixed asset disposal proceeds are recorded as a gain or loss in the financial statements.
(74) The fixed asset turnover ratio is compared to industry benchmarks for performance evaluation.
(75) The fixed asset register provides a comprehensive overview of all assets owned by the company.
(76) The company's fixed asset turnover ratio has been steadily increasing over the past few years.
(77) The fixed asset management team conducts regular physical inspections to ensure asset integrity.
(78) The capital value of the company's equipment was included in the balance sheet as a fixed asset.
(79) The fixed asset value is determined by subtracting accumulated depreciation from the original cost.
(80) The fixed asset turnover ratio indicates how effectively the company utilizes its assets to generate revenue.
Fixed Asset meaning
Fixed asset is a term commonly used in accounting and finance to refer to a tangible asset that is held for long-term use within a business. These assets are not intended for sale in the ordinary course of business and are expected to provide economic benefits to the company for more than one accounting period. Examples of fixed assets include land, buildings, machinery, vehicles, and equipment. When incorporating the term "fixed asset" into a sentence, it is important to ensure that the context is clear and the usage is accurate. Here are some tips on how to effectively use this term in various sentences:
1. Definition and Introduction: - A fixed asset is a crucial component of a company's balance sheet. - Fixed assets are long-term investments that contribute to the growth and productivity of a business. - The value of fixed assets is determined by their original cost, depreciation, and any subsequent improvements made.
2. Describing Specific Fixed Assets: - The company recently acquired a new fixed asset, a state-of-the-art manufacturing plant. - Our organization owns several fixed assets, including a fleet of delivery trucks and a warehouse facility. - The fixed asset register provides a comprehensive list of all the company's tangible assets.
3. Discussing the Importance of Fixed Assets: - Fixed assets play a vital role in generating revenue and supporting business operations. - Effective management of fixed assets is crucial for maintaining financial stability and profitability. - The depreciation of fixed assets allows for the allocation of costs over their useful life, ensuring accurate financial reporting.
4. Depreciation and Accounting: - The company uses the straight-line method to calculate the depreciation of its fixed assets. - Depreciation expense is recognized annually to reflect the wear and tear of fixed assets. - The accumulated depreciation account represents the total depreciation charged against fixed assets over time.
5. Fixed Asset Management: - Regular maintenance and inspections are essential to preserve the value of fixed assets. - The company has implemented a robust asset tracking system to monitor the location and condition of its fixed assets. - Effective asset management ensures optimal utilization of fixed assets and minimizes the risk of theft or loss.
6. Fixed Assets in Financial Statements: - The balance sheet provides a snapshot of the company's fixed assets, liabilities, and equity. - The income statement reflects the depreciation expense associated with fixed assets. - The cash flow statement includes information on the purchase, sale, or disposal of fixed assets.
7. Fixed Assets and Investment Decisions: - When considering investment opportunities, it is crucial to evaluate the potential return on fixed assets. - The company's decision to expand its production capacity was driven by the need to upgrade fixed assets. - Effective utilization of fixed assets can enhance a company's competitive advantage and profitability.
In conclusion, the term "fixed asset" is a fundamental concept in accounting and finance. By following these tips, you can effectively incorporate this term into your sentences, ensuring clarity and accuracy in your communication.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Fixed Asset. They do not represent the opinions of TranslateEN.com.