something, such as land, buildings, equipment, etc., which is owned by a company and which is used to produce income for the company
Total fixed asset counts more than 180 thousands of items.
The company's balance sheet includes a list of fixed assets, such as real estate and machinery.
Proper maintenance is crucial to prolong the lifespan of fixed assets and ensure optimal performance.
Depreciation is a common accounting practice for assessing the value of fixed assets over time.
Businesses often invest in modernizing their fixed assets to stay competitive in the market.
