Solving for future consumption as a function of current consumption allows us to write the constraint in intercept-slope form as: In the diagrams below, the curves IC o represents levels of satisfaction (or utility) received from combinations of present and future consumption activity.
What Is the Waste or Dissipation of Assets? The wasting or dissipation of assets involves the frivolous and unjustified spending of assets by a spouse. There must be more than just the mismanagement of property or spending in a way that's disapproved of by the other spouse.
Fixed assets â What are fixed assets? Definition: Fixed assets are economic resources which cannot be easily liquidated (converted into cash). The term fixed assets refers to assets that cannot be converted into cash easily - most notably a company's property, plant and equipment. These assets are usually listed on a company's balance sheet below current assets. Fixed assets also include any assets a company has that are not sold directly to their customers - e.g. motor vehicles, furniture, office equipment, computers, etc.