i am a duthman so i dont get it at all.
can somebody say what it means
what is Fixed assets
Moderator: moderators
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Guest
what is Fixed assets
what is Fixed assets i dont understand it.
i am a duthman so i dont get it at all.
can somebody say what it means
i am a duthman so i dont get it at all.
can somebody say what it means
-
Guest
Fixed Assets = How much money you have spent on ALL your buildings. This does NOT include building materials.
Example:
You build 1 Mine in the Yellow zone and your company's fixed assets are 240,000. The next day you build 9 more Mines in the Yellow zone and your company's fixed assets are now 2,400,000. You then expand one of the Mines 1m2 in size increasing your fixed assets to 2,406,000.
In simple terms:
If you build a building the CASH cost to build the building turns into Fixed Assets.
If you expand a building the CASH cost to expand the building turns into Fixed Assets.
Example:
You build 1 Mine in the Yellow zone and your company's fixed assets are 240,000. The next day you build 9 more Mines in the Yellow zone and your company's fixed assets are now 2,400,000. You then expand one of the Mines 1m2 in size increasing your fixed assets to 2,406,000.
In simple terms:
If you build a building the CASH cost to build the building turns into Fixed Assets.
If you expand a building the CASH cost to expand the building turns into Fixed Assets.