ManagementMania AppMania EduMania JobMania BusinessPages


What is Assets
Assets is a term that refers to the enterprise property or to the economic means.

Assets is a term that refers to the enterprise property or to economic means. Under the term of property it is understood the sum of all things, cash, receivables and other property values belonging to entrepreneur and they are used for the business. Assets are funds controlled by the enterprise for which it is assumed will bring the company future economic benefit.

The basic aspect of the assets classification is their time utilization or difficulty to convert them into cash (liquidity).

Assets classification:

Ownership structure of the enterprise depends on:

  • Technical demands of the production - it affects mainly the proportion of permanent fixed assets and possibly intangible assets and investment property (know-how, patents, etc.)
  • Degree of development of money and capital market - it affects the share of financial assets
  • Economic situation of the enterprise and the orientation of its economic policy

Use of the assets in practice: Any business requires assets. They are used in the manufacturing or providing services. It can be converted into other assets, used to discharge liabilities or split between the owners of the enterprise. Assets represent the left side of the balance equation. This balance is called the balance sheet.

Related terms and methods:

Related profession:

Related management field:

Related software:

previous next
Did this article help you?
Rating:
Last update: 30.09.2015

Comments

avinash sharma 10 months

thanks for Information

you can search low cost website with high-quality function

we provide best it services:

1. website designing & Development
2. Software Development.
3. Portal Development.
4. e-commerce development.
5. mobile application development.

seo company in janakpuri

Website Designing company in Delhi

Services Start : $100

Contact the Sales Team
Phone: +91 - 8808577444
https://www.vivsoftech.com
24*7 Open

Was this helpful?
Rating:
tepim zippiex 20 days

The MyCFAVisit Customer Experience review takes around 5-6 minutes for finish. Consequently of your 5-6 minutes, Chick-fil-a prizes you with complimentary gifts.

www.redlobstersurvey.com |
www.mycfavisit.com |
tell pizza hut

Was this helpful?
Rating:


To enter the discussion you must be signed in

Sign in


Related consulting companiesmore...