A higher ratio indicates greater efficiency in generating revenue from fixed assets, while a lower ratio suggests less ...

The formula for the fixed asset turnover ratio is: FAT=Net SalesAverage Fixed Assetswhere:Net Sales=Gross sales−Returns and allowancesAverage Fixed Assets=Beginning Fixed Assets+Ending Fixed ...

Fixed asset impairment occurs when asset market value drops below its book value. To detect impairment, compare asset's book value against its recoverable amount. If impaired, reduce book value on ...

Calculating their fixed-asset-to-equity-capital ratio is one way. This ratio determines whether a company's fixed assets are worth more than the amount of money that investors have sunk into it.

The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...