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Byju's Answer
Standard XII
Accountancy
Issue for Consideration Other Than Cash
How do you fi...
Question
How do you find net fixed assets?
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Solution
Net fixed assets can be calculated by:
Net Fixed Assets Formula = Gross Fixed Assets – Accumulated Depreciation.
Net Fixed Assets Formula= (Total Fixed Asset Purchase Price + capital improvements) – (Accumulated Depreciation + Fixed Asset Liabilities)
Also see:
Difference Between Assets and Liabilities
What Are Current Assets?
What Are Non Current Assets?
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Net Profit before Interest and Tax ₹6,00,000; Net Fixed Assets ₹20,00,000; Net Working Capital ₹10,00,000; Current Assets ₹11,00,000. Calculate Return on Investment.