net fixed assets

Popular Terms
The value of fixed assets for a point in time on a balance sheet. Formula: (Purchase price of all fixed assets + Leasehold improvements) - (Accumulated depreciation + Total liabilities).

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I had to determine what out net fixed assets were and that made me angry because I hated doing the boring work.
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The net fixed assets were presented to the CFO and then he would make his recommendation with the best usage.
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The company was sold for too much because the depreciated net fixed assets were based on valuations from ten years ago.
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