asset clas

Examples of asset clas in the following topics:

• Contributor License Agreements

  • CLAs probably offer the best tradeoff between safety and convenience.
  • A CLA is typically an electronic form that a developer fills out and sends in to the project.
  • Most projects use two slightly different CLAs, one for individuals, and one for corporate contributors.
  • Again, you should have a lawyer approve any CLA, but if you get all those adjectives into it, you're probably fine.
  • In fact, many CLAs start out by reminding the reader of this:

• Introduction to Contributor Agreements

  • The second is to collect a contributor license agreement (CLA) from each person who works on the project, explicitly granting the project the right to use that person's contributions.
  • This is usually enough for most projects, and the nice thing is that in some jurisdictions, CLAs can be sent in by email.
  • Because they know they can do this, most contributors cooperate when asked to sign a CLA or an assignment of copyright.

• Doing Nothing

  • Most projects never collect CLAs or copyright assignments from their contributors.

• Return on Assets

  • The Return on Total Assets ratio measures how effectively a company uses its assets to generate its net income.
  • The Return on Total Assets ratio is similar to the Asset Turnover Ratio in that both measure how effective a business's assets are in generating returns for the business.
  • But while the asset turnover ratio is focused on the business's sales, return on assets is focused on net income.
  • You calculate the average value of the total assets by adding the value of the business's total assets at the beginning of the period and the value of the business's total assets at the end of the period.
  • $Return\quad on\quad Total\quad Fixed\quad Assets\quad =\quad \frac { Net\quad Income }{ Average\quad of\quad Fixed\quad Assets }$

• Assets

  • In financial accounting, assets are economic resources.
  • Simply stated, assets represent ownership of value that can be converted into cash (although cash itself is also considered an asset).
  • Two major classes are tangible assets and intangible assets .
  • Tangible assets contain various subclasses, including current and fixed assets.
  • Current assets include inventory, while fixed assets include such items as buildings and equipment.

• Return on Total Assets

  • The return on assets ratio (ROA) measures how effectively assets are being used for generating profit.
  • The return on assets ratio (ROA) is found by dividing net income by total assets.
  • Asset turnover is sales divided by total assets.
  • Second, the total assets are based on the carrying value of the assets, not the market value.
  • The return on assets ratio is net income divided by total assets.

• Transfer of Copyright

  • In general, unless there's some specific reason why your project needs full copyright assignment, just go with CLAs; they're easier for everyone.

• Total Assets Turnover Ratio

  • Total asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.
  • Companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover.
  • Total assets turnover = Net sales revenue / Average total assets
  • Tangible assets contain various subclasses, including current assets and fixed assets.
  • Current assets include inventory, while fixed assets include such items as buildings and equipment.

• Fixed Assets Turnover Ratio

  • Fixed-asset turnover is the ratio of sales to value of fixed assets, indicating how well the business uses fixed assets to generate sales.
  • Fixed assets, also known as a non-current asset or as property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash.
  • This can be compared with current assets, such as cash or bank accounts, which are described as liquid assets.
  • Fixed asset turnover = Net sales / Average net fixed assets
  • Fixed-asset turnover indicates how well the business is using its fixed assets to generate sales.

• Types of Long-Lived Assets

  • The two major asset classes are tangible assets (e.g., buildings and equipment) and intangible assets (e.g. copy rights).
  • There are two major types of long-term assets: tangible and non-tangible.
  • Tangible assets include fixed assets, such as buildings and equipment.
  • Fixed assets include asset land, buildings, machinery, furniture, tools, IT equipment-- e.g. laptops-- and certain limited resources-- e.g. timberland and minerals.
  • They are listed under the asset portion of the balance sheet.