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Dashboard instruments displaying various car and engine conditions. Where the dashboard originally included an array of simple controls (e.g., the steering wheel) and instrumentation to show speed, fuel level and oil pressure, the modern dashboard may accommodate a broad array of gauges, and controls as well as information, climate control and entertainment systems.
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
Deprival value equals the lower of replacement cost and recoverable amount; and Recoverable amount is the higher of net selling price and value in use. An important practical implication of deprival value reasoning is that many assets will be stated at replacement cost, as entities tend to hold and use assets that they can employ profitably and ...
The cost basis of an asset is important to you for two primary reasons – tax planning and investment planning. These two reasons are related because only with the proper investment planning can ...
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.
These will add to the final cost of the vehicle. How To Negotiate Before Buying When buying a car at a dealership, you should be able to negotiate the price and added features to get yourself a ...
Better car replacement vs. new car replacement: Some insurers offer better car replacement insurance, which compensates for your loss with a car that is one year newer and with 15,000 miles less ...
Supply chain pyramid. An original equipment manufacturer (OEM) is a company that produces parts and equipment that may be marketed by another company.However, the term is ambiguous, with several other common meanings: an OEM can be the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced ...