Convergent nozzles accelerate subsonic fluids. If the nozzle pressure ratio is high enough, then the flow will reach sonic velocity at the narrowest point (i.e. the nozzle throat). In this situation, the nozzle is said to be choked. Increasing the nozzle pressure ratio further will not increase the throat Mach number above one.
Furniture, Fixtures and Equipment. The furniture, fixtures and equipment fixed asset category usually has a lower capitalization threshold than other fixed assets due to their lower acquisition costs. Desks, chairs, tables, couches, filing cabinets and movable partitions are part of your furniture fixed assets. Fixtures are anything attached to your building or structure that, if removed, would cause damage. Common fixed asset fixtures are installed lighting, sinks, faucets and rugs. Your copy machines, telephones, fax machines and postage meters are included as office equipment fixed assets.
Definition and Explanation. Fixed assets, also known as Property, Plant and Equipment, are tangible assets held by an entity for the production or supply of goods and services, for rentals to others, or for administrative purposes. These assets are expected to be used for more than one accounting period. Fixed assets are generally not considered to be a liquid form of assets unlike current assets. Examples of common types of fixed assets include buildings, land, furniture and fixtures, machines and vehicles.