tootmisvara
Tootmisvara is an Estonian term that translates to "production assets" or "productive assets" in English. It refers to the tangible and intangible resources that a business utilizes in its operations to create goods or services. These assets are crucial for generating revenue and are distinct from non-productive assets like speculative investments.
The scope of tootmisvara is broad and can include a variety of items. Tangible production assets commonly
In accounting, tootmisvara is typically classified on a company's balance sheet. These assets are often depreciated