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  2. Impairment (financial reporting) - Wikipedia

    en.wikipedia.org/wiki/Impairment_(financial...

    An impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. Fixed assets , commonly known as PPE (Property, Plant & Equipment), refers to long-lived assets such as buildings, land, machinery, and equipment; these assets are the most likely to experience impairment, which may be caused by ...

  3. What Is a Business Valuation, and How Do You Calculate It? - AOL

    www.aol.com/finance/business-valuation-calculate...

    Business valuations are used in a number of circumstances, including determining the sale value of a business, establishing partner ownership, for tax purposes, and even divorce proceedings.

  4. IAS 16 - Wikipedia

    en.wikipedia.org/wiki/IAS_16

    IAS 16 permits two accounting models for measurement of the asset in periods subsequent to its recognition, namely the cost model and the revaluation model. [ 7 ] Under the cost model , the carrying amount of the asset is measured at cost less accumulated depreciation and eventual impairment (similar to the inventory's Lower of cost or market ...

  5. How To Calculate Sales Tax: A Step-by-Step Guide - AOL

    www.aol.com/calculate-sales-tax-step-step...

    The refrigerator is on sale for $1,200 and her sales tax rate is 6%. 1,200 multiplied by 0.06 is 72, so Sarah would pay $72 in sales tax. This would bring her total bill to $1,272.

  6. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    Labor and equipment costs are internal crew costs, whereas all other resource costs are received from vendors, such as material suppliers, subcontractors, and trucking companies. Labor costs are usually calculated from wages, benefits, burden, and workers' compensation. Equipment costs are calculated from purchase price, taxes, fuel consumption ...

  7. Value of work done - Wikipedia

    en.wikipedia.org/wiki/Value_of_work_done

    The value of work done (VOWD) is a project management technique for measuring and estimating the project cost at a point in time. It is mainly used in project environments of the Petroleum industry and is defined as the value of goods and services progressed, regardless of whether or not they have been paid for or received.

  8. Capital cost - Wikipedia

    en.wikipedia.org/wiki/Capital_cost

    Capital costs are fixed, one-time expenses incurred on the purchase of land, buildings, construction, and equipment used in the production of goods or in the rendering of services. In other words, it is the total cost needed to bring a project to a commercially operable status.

  9. How Exactly Do I Calculate My Average Value of Personal ...

    www.aol.com/finance/exactly-calculate-average...

    Imagine that your home is destroyed in a fire. As you start the process to rebuild your life, a hard reality settles in: Your insurance coverage falls short of replacing your lost personal property.

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