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 ...

Book value is a measure of the current worth of a company that doesn’t factor in future growth. It is a figure of what the company is worth if they sold all of its assets and paid its debts.

Depreciated cost is the original cost of a fixed asset less accumulated depreciation; this is the net book value of the asset.

Examples of intangible assets include franchise rights, patents, copyrights and brand names. Add up the value of your current assets, long-term investments, fixed assets and intangible assets.

Typically, a company reduces the value of its fixed assets steadily over time as its real estate, equipment, and other assets are used in the normal.

What Is Fixed Asset Turnover? Fixed asset turnover is a ratio that compares a company’s net sales to the net book value of its fixed assets, which accounts for accumulated depreciation. It ...