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| | Depreciation - Wikipedia, the free encyclopedia |
 | | Secondly, to ensure that the asset values in the balance sheet are not overstated. | | | The salvage value is an estimate of the value of the asset at the time it will be sold or disposed of; it may be zero. | | | Depreciation is an accounting and finance term for the method of attributing the cost of an asset across the useful life of the asset. |
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http://en.wikipedia.org/wiki/Depreciation
(1234 words)
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| | Net Salvage Value |
| | The net salvage value of the track and other track materials is then calculated by subtracting from the gross salvage value, the costs of removal and salvaging of the track and other materials. | | | In setting the net salvage value, the Agency may include the cost of replacing railway line assets that were previously removed by the railway company if the Agency is of the opinion that the railway removed the assets in order to reduce traffic. | | | The gross salvage value of the track and other track materials is then determined by calculating the product of the quantities and market values of the individual assets. |
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http://www.cta-otc.gc.ca/rail-ferro/disco/net-salvage_e.html
(980 words)
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| | Pro-Ware Discussion Board: Change Salvage Values |
| | Salvage value must be entered on an asset by asset basis. | | | Enter your username and password if you have an account. | | | Patti, it is not possible to globally add salvage values to your assets. |
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http://www.proware-cpa.com/cgi-bin/discus/discus.cgi?pg=next&topic=19&page=346
(269 words)
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| | excel |
| | Salvage is the value at the end of the depreciation (sometimes called the salvage value of the asset). |
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http://iit.ches.ua.edu/fincal/excel.html
(3908 words)
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| | Residual value - Wikipedia, the free encyclopedia |
| | In accounting, Residual value is another name for salvage value, the remaining value of an asset after it has been fully depreciated. | | | Residual value is one of the constituents of a leasing calculus or operation. | | | It describes the future value of a good in terms of percentage of depreciation of its initial value. |
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http://en.wikipedia.org/wiki/Residual_value
(160 words)
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| | [No title] |
| | Book value is calculated as the recorded cost of the asset minus" "its accumulated amortization. | | | The book value of the asset" "is the unamortized value of the asset (historical cost less the total" "accumulated amortization) on a given date. | | | Double declining-balance cost - salvage constant declining amounts[" "4 Reason: under the double declining-balance method, salvage value is not" "considered in the calculation for the amount of annual amortization. |
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http://plato.acadiau.ca/courses/busi/1013/TUTORIAL/CH11LZC
(2300 words)
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| | Safe/Sea Online |
| | Thus, the value of the benefit bestowed by salvors on the vessel owner is a vessel's market value after the salvage service but before repair compared to what her market value would have been had the salvors not intervened to relieve her from her peril. | | | Deducting the actual cost of repairs from the value of the vessel after repairs is an acceptable measure of the vessel's value after salvage or salved value. | | | Any diminution of the salvage award based on such factors would be contrary to public policy inasmuch as they would encourage salvors to take their time and to allow further damage to the vessel. |
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http://www.safesea.com/boating_info/salvage/anderson/awards.html
(824 words)
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| | Defense Procurement and Acquisition Policy - Contract Pricing Reference Guide |
| | The difference between the present value of the receipts and the present value of the expenditures is net present value. | | | Equipment value to the Government at the end of the lease period (e.g., salvage value). | | | Salvage value at the end of the 3-year period, will be $2,000. |
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http://www.acq.osd.mil/dpap/contractpricing/vol2chap9.htm
(4245 words)
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| | Engr. Econ. Questions |
| | A depreciable asset costs $10,000 and has an estimated salvage value of $1,000 at the end of its six-year depreciable life. | | | A depreciable asset costs $8,000 and has an estimated salvage value of $1,000 at the end of its four year depreciable life. | | | The tax rate is 50% for all incomes (including the capital gain on the salvage value). |
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http://www.me.utexas.edu/~jensen/me353/problems/taxes/question.html
(940 words)
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| | Salvage Value - Tax Terms |
| | The estimated value that will be realized upon the sale or other disposition of an asset at the end of its useful life. | | | The estimated amount an asset could be sold for at the end of its useful life. |
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http://www.encyclopedia-wiki.org/encyclopedias/taxes/Salvage-Value.html
(39 words)
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| | Calculation of Total Loss Payments and Regulation 64 |
| | Therefore, in calculating the total loss payment, the sales tax should be applied to actual cash value of the vehicle before deducting the value of the salvage. | | | Therefore, in calculating the total loss payment, the sales tax should be applied to the actual cash value of the vehicle before deducting the value of the salvage. | | | Accordingly, in a total loss situation, the insurer may offer the insured the actual cash value of the vehicle, which includes all monies paid or payable as sales taxes on the item replaced, minus the salvage amount retained by the insured. |
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http://www.ins.state.ny.us/rg204301.htm
(401 words)
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| | Book Depreciation |
| | The book value of the asset in any given period is the difference between its cost basis and the cumulative depreciation of the asset up to that period. | | | When the book value exceeds the salvage value, depreciation is changed to the straight line method for any period prior to the end of the depreciable life in which the straight line depreciation is larger than the DB depreciation. | | | In some cases the DDB method is combined with the straight line method to match the book value of the asset with its salvage value at the end of its depreciable life. |
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http://coen.boisestate.edu/mkhanal/book.htm
(555 words)
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| | Untitled Document |
| | Depreciation is the allocation of the cost of the asset to the period the asset was used. | | | Salvage value; the accountant's guess as to how much it will be worth at the end of its useful life. | | | Ending book value for year 3 = 5000 - 1650 - 1106 - 741 = 1503 BUT YOU CAN'T DO STEP #9 because it brings the ending book value below $3,000 (which is the cost minus the salvage value). |
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http://www.uncg.edu/bae/people/khanlarian/ch_8-2.htm
(443 words)
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| | DEPRDECLSW |
| | The straight-line calculations for the remaining periods would be based on the overall remaining value of 16,000 minus 11,544 (3,456), rather than the overall value minus the salvage value (2,456). | | | For example, suppose the beginning value for an asset is 16,000 and the salvage value is 1,000 over 5 periods. | | | Unlike other methods of depreciation, the declining-balance methods of depreciation ignore the salvage value for an asset until the period in which the calculated depreciation would exceed the remaining depreciable value. |
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http://www.stanford.edu/dept/itss/docs/oracle/10g/olap.101/b10339/x_deprdecl002.htm
(1755 words)
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| | Auto Claims Help :: Cheryl HAYES v. ALLSTATE INSURANCE COMPANY; March 1, 2000. |
| | Swart enclosed a check in the amount of $7,325.00, representing what he determined to be the settlement value of the vehicle ($9,825.00), minus the salvage value ($2,000.00), minus the deductible ($500.00). | | | Specifically, the CCC valuation was based on an adjusted base valuation of $10,375.00, minus an $800.00 condition adjustment, plus $622.38 for taxes, minus a $500.00 deductible, plus a $24.00 post?tax adjustment, for a total of $9,721.38. | | | Importantly, the CCC actual cash value of $9,575.00 is $2,375.00 less than the NADA actual cash value of $11,950.00, or 20% less. |
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http://www.auto-claims-help.com/hayes_v_allstate.html
(1598 words)
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| | finance - Just Answer! |
| | This would be the cost of the machine less the PV of the after tax salvage value of the machine and less the PV of the depreciation tax shield. | | | However, salvage value is estimated to actually be $35,000 at the end of 5 years. | | | This would be the cost of the machine less the PV of the after tax salvage value of the machine and less the PV of the depreciation tax shield |
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http://www.justanswer.com/JA/ASP_A/T_75792/TR/finance.htm?get=last
(744 words)
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| | Manitoba Public Insurance > Claims > Write-Offs |
| | The cost of fixing it is more than its actual cash value minus the salvage value. | | | The salvage value is important to our decision because it helps determine whether your vehicle should be fixed or written off. | | | The actual cash value (ACV) of your vehicle — its fair market value before it was damaged. |
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http://www.mpi.mb.ca/english/claims/write-offs/means.html
(212 words)
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| | [No title] |
| | If the year\rquote s depreciation would result in a value lower than salvage value, the depreciation for that year must be reduced so that book value equals salvage value. | | | \par With this method, depreciation is based on the year\rquote s beginning book value--salvage value is not subtracted from total cost to calculate each year\rquote s depreciation. | | | This means an asset cannot be depreciated below its salvage value. |
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http://www.scc.losrios.edu/~kinge/bus_math/handouts/17.RTF
(641 words)
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| | Tips on buying salvage boats FAQ |
| | A constructive total loss is where the agreed insurance value, less salvage is less than the cost to repair. | | | The ones that are damaged to an extent that the cost to repair exceeds the market value, or repairs would not put the boat back into the condition it was in prior to the loss. | | | It will help you ascertain the extent of the damage, and the net salvage value (bid price) for the boat. |
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http://www.daviscoltd.com/public/FAQ/salvage_faq.htm
(1011 words)
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| | deprdv (Financial Toolbox) |
| | The cost of an asset is $13,000 with a life of 10 years. | | | Accumulated depreciation of the asset for prior periods. | | | returns the remaining depreciable value for an asset. |
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http://www.weizmann.ac.il/matlab/toolbox/finance/deprdv.html
(66 words)
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| | Atlas Corporation Case No. VEA-0014 |
| | If the right to the salvage of a portion of the facility is so valuable that a third party would pay the licensee for the right to perform the decommissioning work and retain the salvage, then the licensee would not have incurred a decommissioning cost but rather profited from the decommissioning project. | | | As we stated in Quivira, allowing costs for property with a zero book value would be contrary to the 1992 cost reimbursement statute, because the net effect would be to shift previously reported capital costs forward to the claim period, thereby creating the potential for reimbursement for capital costs not attributable to the reclamation effort. | | | The failure to reduce the cost of the decommissioning project by the value of the salvage produced by the project would encourage licensees to incur excessive costs to produce salvage, uneconomic behavior that would inflate reimbursable costs. |
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http://www.oha.doe.gov/cases/nuclear/vea0014.htm
(2276 words)
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| | Declining Balance (DB) |
| | The salvage value never enters the calculation, so there is no way for the salvage value to force the depreciation to assume its value. | | | Even if the salvage value were greater than $6,553.60, the final year-end value would not change. | | | Assume the price of a depreciating asset is P and its salvage value after N years is S. |
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http://support.sas.com/rnd/app/da/new/801ce/ets/chap11/sect9.htm
(500 words)
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| | [No title] |
| | Instead, we'll make a payment for the actual cash value* of the vehicle, minus the deductible amount that you selected when you purchased your auto insurance policy. | | | We may also declare your vehicle a total loss when the repair cost, plus the salvage value (money we would recoup when selling your vehicle through a licensed salvage vendor) exceeds the vehicle's actual cash value. | | | When we obtain salvage at the conclusion of a total loss settlement, we sell it through licensed salvage vendors. |
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http://claims.driveinsurance.com/default.aspx?pagename=totalloss
(1205 words)
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| | Item 8. A. Rails |
| | The Board established its policy prohibiting the salvaging of tracks on the Rio Grande corridor, in part, based upon a staff report indicating the net salvage value, after costs incurred for a survey, revegetation, and enforcement of encroachments, would be in the range of $50,000. | | | Staff believes costs associated with rail salvage brokers and/or engineering firms that could estimate the salvage value of the corridor’s assets, and help to prepare and evaluate Requests for Proposals (RFP’s) for salvaging the corridor’s assets and for commercial rail operations, would be in the range of approximately $20,000 - $25,000. | | | If retained immediately, a salvage broker and/or engineering firm might be able to provide an estimate of the corridor’s salvage value by the next Board meeting. |
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http://www.rfta.com/board/sep04/i8a.html
(936 words)
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| | HOUSE BILL NO. 727 - Salvage vehicles, title |
| | However, if the "salvage" vehicle is more than five years old or has a market value of less than $6,000, Idaho law permits a new title to be issued and the "salvage" brand to be removed from the title. | | | This legislation treats all salvage vehicles alike, regardless of age or value. | | | However, the purchaser of such vehicle will have necessary information to make an informed decision as to the purchase. |
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http://www3.state.id.us/oasis/H0727.html
(1124 words)
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| | [No title] |
| | Depreciation is a reduction in value, not a cash outflow, reducing the value of assets. | | | Assume no salvage value -- Final entries are made when the asset is sold in the accounting equation. | | | Reduces the value of a fixed asset, i.e., buildings and equipment, over time. |
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http://www.farmingdale.edu/~vogelrm/engine3A.html
(755 words)
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| | [No title] |
| | Replacement: cost of new asset - salvage value of old asset = dep. | | | Retirement: cost of old asset - salvage value = dep. | | | DDB is the only method that ignores salvage value in calculating depreciation expense. |
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http://condor.depaul.edu/~kstevens/accy204/accy204/c11tr.doc
(1279 words)
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| | OSCN Found Document:MISSOURI PAC. R. R. CO. v. QUALLS |
| | In an action for damages to an automobile, it is not a condition precedent to recover for items of damage for repairs that plaintiff should have actually expended the sums of incurred liability therefor; the rule for payment for physicians' services in personal injury cases not being applicable. | | | The measure of damages for injury to personal property that can be repaired, is the cost of repair and the value of its use pending repair. | | | It necessarily follows that if the cost of repairs of the car in controversy was more than the reasonable market value of the car before the injury, that plaintiff was not entitled to recover for such repairs. |
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http://www.oscn.net/applications/oscn/DeliverDocument.asp?citeID=49754
(1302 words)
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| | Capital Budgeting Review Notes |
| | Thus, for nearly all problems, when using straight-line the machine's predicted market value and its book value will both equal the expected salvage value and, hence, there won't be any tax effect. | | | You gotta pay additional taxes if it's a gain and you get a tax refund if the sale is at a loss. | | | Remember, with MACRS a 5 year asset really means 5.5 years and the remaining 6% is a half year's depreciation. |
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http://www.lehigh.edu/sgb2/yesterday/public/www-data/finNotesCapBudget.html
(972 words)
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| | [No title] |
| | The impairment loss is the carrying value minus the present value of expected future cash flows: 250,000 - 120,000 = 130,000 3. | | | The depletion base consists of the cost of acquiring the property containing the natural resource (acquisition costs), the costs of getting the property ready for use (intangible development costs), and the costs of restoring the property to its original state after the natural resource has been extracted (restoration costs). | | | The depletion base is reduced by any estimated salvage value from the property. |
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http://www.arches.uga.edu/~jgaver/501/outlines/97-Ch11.doc
(742 words)
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| | MCJI Chapter 51 |
| | If the difference in the value of property before and after it was damaged is less than the reasonable cost of repairs, use M Civ JI If the property was damaged beyond repair and has no salvage value, or if it is doubtful that the property has salvage value, use M Civ JI 51.04. | | | If there is no claim that the repaired property has depreciated in value and there is an issue whether the cost of repairs or the difference in value of the property before and after it was damaged is the lesser amount, use M Civ JI 51.05. | | | If there is an issue whether the cost of repairs plus depreciation or the difference in value between the damaged and undamaged property is the lesser amount of loss, use M Civ JI 51.07. |
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http://courts.michigan.gov/mcji/damages/damages-Ch51.htm
(1401 words)
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| | [No title] |
| | NET VALUE The net asset value of the fixed asset, which is the betterment value, amount minus the life--to-date depreciation of remaining units amount. | | | NET ASSET VALUE The net asset value of the fixed asset that is the asset value and betterment value amount minus the accumulated depreciation amount. | | | SALVAGE VALUE The salvage value of the investment in the original asset or betterment. |
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http://www.state.ky.us/agencies/adm/mars/STDR7.002r.doc
(2015 words)
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| | salvage value Definition |
| | The estimated value of an asset at the end of its useful life. | | | Information on necessary steps in any budgeting process. |
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http://www.investorwords.com/4372/salvage_value.html
(123 words)
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| | Oregon Judicial Department Appellate Court Opinions |
| | For nonbusiness property, a casualty loss deduction is determined by the change in fair market value of the property as a whole, less any salvage and insurance, not by looking to the value of each individual item lost. | | | Those cases have established that the amount of the loss is determined by the decline in the value of the property as a whole, less any salvage and insurance. | | | Plaintiffs' determined the fair market value of the lost trees and then subtracted the proceeds of salvage to determine the amount of the casualty loss deduction. |
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http://www.publications.ojd.state.or.us/TCMD991283.htm
(1152 words)
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| | [No title] |
| | Depreciation is a function of acquisition cost, economic life, depreciation rate, and salvage value. |
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http://web.mit.edu/lsutton/Public/Midterm_II_Review.ppt
(109 words)
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| | [No title] |
| | In addition, the loss in service value could be based upon remaining useful life in terms of number of units left to be produced. | | | We normally think in terms of depreciation from the accounting standpoint which is the systematic allocation of the cost of an asset (less its salvage value) over its useful life. ¡D ? Z ~ ³ ¦ hh ðH ð ð0 “ ”Þ½h ¿ ÿ ? ð ÿÿÿ Ì 33Ì ÌÌÿ ²²² îü ï ¬ ð¤ @ ð ø ð | | | Depreciation is defined as the loss in service value over time. |
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http://www.owlnet.rice.edu/~ceve322/2004chapter10.ppt
(161 words)
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| | [No title] |
| | The salvage value is not used to calculate the amount of depreciation. | | | Enter the Cost, Salvage Value, and Useful Life. |
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http://www.valdosta.edu/~jdgill/Depreciation.doc
(1503 words)
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| | NAHB Waste Management Update #4 Deconstruction - SGN Library |
| | They found that the hand labor required to dismantle the building for salvage was competitive with the cost of conventional demolition. | | | In addition, the following salvage values and reduced disposal costs resulted in net income of $4,500. | | | Add to this value the avoided disposal costs and a question arises: Can relatively low-skilled deconstruction labor dismantle a building more cost-effectively than heavy equipment can demolish it? |
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http://www.smartgrowth.org/library/waste_mgmt_update_4.html
(655 words)
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| | Glossary Match 2 |
| | The amount by which the value of a company exceeds the fair market value of the company's net assets if purchased separately. | | | The process of allocating the cost of natural resources to the period in which they are consumed; another term for amortization. | | | Management's estimate of the amount that will be recovered at the end of a capital asset's useful life through a sale or as a trade-in allowance on the purchase of a new asset; also called residual or scrap value. |
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http://www.mcgrawhill.ca/college/larson10/student/olc/10fal_match2_12.html
(394 words)
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| | Office of Science and Technology |
| | While these models appear to predict actual behavior reasonably well, one important difficulty in applying them is that the salvage value of the fishing enterprise (or the opportunity cost of fishing, which when capitalized can be treated as a salvage value) is often difficult to assess. | | | Real options models arguably provide a useful framework for understanding individual fishermen’s investment and participation decisions, which play an important role in fisheries management issues ranging from capacity reduction to stock assessment. | | | “Solving Real Options Models of Fisheries Investment When Salvage Value Is Difficult to Estimate.” In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics and Trade: What are Responsible Fisheries? |
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http://www.st.nmfs.gov/st5/abstracts/Solving_Real_Options_Models_of_Fisheries_Investment_When_Salvage_Value_Is_Difficult_to_Estimate.html
(290 words)
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| | Capital Budgeting Replacement Decision Problem |
| | decision rule: accept when present value of benefits > present value of costs. | | | net present value = present value of benefits - present value of costs | | | present value of benefits = present value of yearly cash flows + present value of estimated salvage, new system |
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http://cstl-hcb.semo.edu/gjohnson/AC330capital_budgeting_replacement_de.htm
(342 words)
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| | [No title] |
| | Depreciation is an expense used to calculate profit, and depreciation reduces the value of assets. | | | Valuation methods for business assets were also discussed. | | | Depreciation used for tax purposes may differ from economic depreciation and managers may need to calculate both. |
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http://sunny.crk.umn.edu/courses/AGEC/3540/afm04.ppt
(553 words)
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| | VN Boards - what materials are best/highest value for salvage purposes? |
| | Topic: what materials are best/highest value for salvage purposes? | | | VN Boards - what materials are best/highest value for salvage purposes? | | | IGN's enterprise databases running Oracle, SQL and MySQL are professionally monitored and managed by Pythian Remote DBA. |
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http://vnboards.ign.com/Message.aspx?topic=65183243
(638 words)
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| | AC231CH10 PPE |
| | Valuation: Purchase Cost plus Cost associated with putting the asset into Use. | | | Use: Allocation necessary to assign cost of Assets to period. | | | o Must Determine Cost, Useful Life, Salvage Value (if applicable). |
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http://www.bethune.cookman.edu/faculty/Feinson/ac231ch10_ppe.htm
(141 words)
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| | [No title] |
| | Cost $3,170 Life4 years Salvage valuezero Increase in annual cash inflows 1,000 ItemYear(s)Amount of Cash Flow10% FactorPresent Value of Cash Flows Initial investment(outflow) Annual cash inflows Net present value Suppose that the investment in the attachment for the X-ray machine had cost $4,000 and generated an increase in annual cash inflows of $1,200. | | | No investments are to be made unless they have an annual return of at least 10%. | | | .cold Typical Cash Outflows: Initial investment Repairs and maintenance Working capital Incremental operating costs Typical Cash Inflows: Incremental revenues Salvage value Release of working capital Reduction of costs EXAMPLE: Carver Hospital is considering the purchase of an attachment for its X-ray machine. |
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http://facweb.bcc.ctc.edu/jpaquett/ch14capbudghandout.doc
(488 words)
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| | RWD - salvage value |
| | In other words, make sure that they're giving you a good value and you can disagree with their offer; often easier still if it is a not-at-fault (varies by state) because of attached liability. | | | The bottom line is, if you receive a salvage title, you have to have the car inspected in most states, along with pictures and a parts list or receipts. | | | It is generally negotiable based on resale value of other similar models in your general vicinity. |
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http://www.brickboard.com/RWD?id=935877
(756 words)
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| | ACURA MDX . ORG - How does one value a "salvage" titled vehicle? |
| | How does one value a "salvage" titled vehicle? | | | You could advertise it in Hemmings for maybe 20% below the apparent market price, making clear it has a salvage title, and see if you get any takers. |
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http://www.acuramdx.org/forums/showthread.php?threadid=16355
(1666 words)
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| | Salvage value - Wikipedia, the free encyclopedia |
| | In accounting, the salvage value of an asset is its remaining value after depreciation. | | | For other meanings of the term Terminal value, see the Terminal value disambiguation page. | | | This page was last modified 08:04, 24 April 2006. |
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http://en.wikipedia.org/wiki/Salvage_value
(64 words)
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