The SAB also states that depreciable lives, amortization periods, and salvage values
of long-lived assets need to be reviewed and, where appropriate, changed on a timely basis.
Emphasis will also be placed on the ability to upgrade instrumentation or maintain equipment at leading-edge capability via other means, such as guaranteed trade-in or salvage values
. Enabling: this instrument will be used to execute scientific research on a broad range of atomicscale heterogeneous samples, as well as for educational purposes.
"We call this stuff 'deluxe junk.' There's a lot of innuendo going on and it's hard to determine what the real salvage values
For the same asset, the use of straight line depreciation, higher salvage values
or longer useful lives will result in higher carrying values and thus increased probability of recognizable impairment losses.
Any material gains and losses under consideration for reporting, however, should be closely analyzed to determine if they are either the result of 1) improper estimates that were biased or not based upon reasonable assumptions and the best information available at the time they were made or last adjusted (and therefore constitute errors, the correction of which require presentation under GAAP as prior period adjustments pursuant to ASC 250-1045-24) or 2) current changes in estimated lives or salvage values
attributable to changes in circumstances that should be accounted for either currently or prospectively as a change in estimate, with all required disclosures, pursuant to ASC 250-10-45-17 and 250-1050-4.
In the presence of multiple optima, the global optimum is determined by substituting the salvage values
in Equation (3) to determine which one provides the highest NPV.
He has an enormous spreadsheet showing a materials movement schedule, operating costs for each bench, processing costs and recoveries for each ore type, tax and royalty allowances, capital depreciation allowance, salvage values
and any other specific cost/revenue items for the project.
The fact that Hanover's expert was able to estimate damages based on a conceptually incorrect measure indicates the presence of errors in his estimates of machinery prices, maintenance costs, and salvage values
(b) The Same Boat Effect: when other economic agents are simultaneously attempting to sell off similar investments and are driving down salvage values
(e.g., selling off ancillary infrastructure, buildings, houses, etc., when the mine closes).
When the manufacturer has the liquidation advantage (i.e., [s.sub.R] [less than or equal to] [s.sub.M] - [t.sub.R] - [t.sub.M]), we already possess a channel policy that Pareto-dominates any other, provided that handling costs and salvage values
are properly acknowledged (cf.
Northcutt, argued that the impairment losses should be handled as changes in accounting estimates and recorded through revisions in the depreciation rates by adjusting the useful lives and salvage values
of assets prospectively.
The program tracks all of your important information, including purchase dates, model numbers, serial numbers, manufacturer information, purchase prices, and salvage values
. With five user-defined fields and a free-format notes field, you can quickly structure your inventory records to fit your business needs.