A balance sheet category that accounts for the historical cost of fixed assets minus the current market value. The asset values are adjusted by the accumulated depreciation up to the reporting period. Also called plant and equipment.
Related information about net plant and equipment:
- Net Plant and Equipment - Financial Dictionary - The Free Dictionary
The fixed assets used to produce goods for a company. A factory and the machinery therein are common examples of plant and equipment. On a balance sheet, ...
- Plant and Equipment - Financial Dictionary - The Free Dictionary
It is important to note that the historical cost of net plant and equipment usually bears ... Plant and equipment become net plant and equipment when adjusted for ...
- What is net plant and equipment? definition and meaning
Definition of net plant and equipment: A balance sheet category that accounts for the historical cost of fixed assets minus the current market value. The asset ...
- net plant and equipment - Business Definition
net plant and equipment definition: See plant and equipment....
- Fixed Asset Turnover Ratio - Financial Ratio Analysis
Net Sales/Net Plant and Equipment (Net Fixed Assets) = X Times. The denominator in the equation should be net of accumulated depreciation. Interpretation: If ...
- cc_adj
... reduced for the amount of depreciation that would have been taken on the replacement cost. The result is the net plant and equipment on a current cost basis ...
- finance - Chegg.com
Net plant and equipment 375,000. Total assets $595,000. LIABILITIES Accounts payable $12,000. Notes payable 50,000. Total current liabilities $62,000 ...
- v. FORECASTING
However, firms do not necessarily have a close relationship between sales and net plant and equipment in the short term. (Only exceptions are retailers who ...