FIXED ASSETS, also known as capital assets, are assets (q.v.) of a lasting nature which are acquired for the purpose of carrying on a business and which are intended as a permanent investment. Such assets as land, buildings, machinery and equip ment, furniture and fixtures, patterns, drawings and durable tools are included in this group. Ordinarily, securities such as stocks, bonds and long term notes are also regarded as fixed assets. This is notably true if these securities represent holdings in affiliated companies. If they do not, and if they might be disposed of without interference with the operation of the business, they may be grouped under "other" or "miscellaneous" assets. The practice of including the capitalized value of patents, trade-marks and goodwill in the fixed assets is open to attack; usually, tangible assets only are included.