FIXED ASSETS AND EFFICIENCY OF THEIR USE
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Keywords:
fixed assets, indicators, efficiency, structure, objects, use, factors, analysis, assets.Abstract
The article considers the essence of fixed assets and their structure. Companies typically invest their funds in fixed assets in order to upgrade their composition and structure, obtain rent for their operation, use in normal production activities and expand the production of goods or services. Analysis of the use of fixed assets allows companies to determine the overall state of production capacity of the firm. Therefore, companies are interested in improving the efficiency of fixed assets, as they directly affect the production and economic activities and financial condition in general.
The economic efficiency of production exists at different levels and can be determined both at the international and sectoral level, as well as at the level of an individual enterprise, so the analysis was conducted and identified factors that affect them. The successful operation of fixed assets and production facilities depends on intensive and extensive factors to improve their use, so the indicators that characterize the security of the enterprise, the state and efficiency of fixed assets. Renewal of fixed assets is carried out in the form of their replacement by more perfect and efficient, reconstruction and modernization of individual groups and types and as a result it will increase the competitiveness of the enterprise, as well as the availability and use of more modern means of labor.
Theoretical aspects of efficient operation and directions of increase at different stages of the life cycle are analyzed. When managing one of the main conditions, to increase the efficiency of reproduction processes, it is necessary to pay attention to the optimal terms and conditions of operation of fixed assets (especially the active part) in accordance with their primary technological purpose. In this case, both the reduction and increase in the period of operation in different ways affects the efficiency of reproduction and use of tools.
In order to determine the state of fixed assets at the enterprise, an analysis algorithm was developed, which is of great importance because it can be used to investigate and draw conclusions about the state and efficiency of their use.
It was determined that the main sign of increasing the level of efficient use of fixed assets of the enterprise is the growth of production through technical, organizational and economic measures.
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