How to Find Net Fixed Assets?

Open in App

Solution

Net fixed assets can be calculated by using the following formula:

Net Fixed Assets Formula = Gross Fixed Assets – Accumulated Depreciation

Also read:

What Is Depreciation

Fixed Assets Vs Current Assets

Intangible Assets

Difference Between Assets and Liabilities

Learn about more questions and answers on business studies and various other commerce topics from our website.

Suggest Corrections

Similar questions

Q. 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.

From the following information related to Naveen Ltd., calculate (a) Return on Investment and (b) Total Assets to Debt Ratio:
Information: Fixed Assets ₹ 75,00,000; Current Assets ₹ 40,00,000; Current Liabilities ₹ 27,00,000; 12% Debentures ₹ 80,00,000 and Net Profit before Interest, Tax and Dividend ₹ 14,50,000.

Q. Net salvage value of fixed assets is equal to __________________.

Q. Net book value of a fixed asset is its_____________.

Q. calculate return on investments and debt service ratio:
profit after tax: 6,50,000
12.5% long term borrowings: 8,00,000
income tax: 50%
net tangible fixed assets: 20,00,000
current assets: 15,00,000
current liabilities: 7,00,000

Join BYJU'S Learning Program