ARE REQUIRED to determine the base cost of the asset. Select one: a. R3 440 000 b. R4 820 000 c. R4 440 000 d. R 3 820 000

30-The book value of the asset sold is calculated as a. Book Value = Cost – Accumulated Depreciation b. Book Value = Cost – Sale Value c. Book Value = Cost – Depreciation for the year d. Book Value = Cost – Salvage Value

For each of the following depreciable assets determine the missing amount abbreviations for depreciation methods or SL for straight line and DDB for double declining balance

For project A, what was the calculations for depreciation to get to the final answer of 720 000?

Exercises E9.1 (LO 1), AP Writing The following expenditures relating to plant assets were made by Glenn Company during the first 2 months of 2022. Determine cost of plant acquisitions. 1. Paid $7,000 of accrued taxes at the time the plant site was acquired. 2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on a new delivery truck. 4. Paid $21,000 for parking lots and driveways on the new plant site. 5. Paid $250 to have the company name and slogan painted on the new delivery truck. 6. Paid $8,000 for installation of new factory machinery. 7. Paid $900 for a 2-year accident insurance policy on the new delivery truck. 8. Paid $75 motor vehicle license fee on the new truck.

Using the Cost Approach to property appraisal, determine the final appraised value of a building and the land the bulding is on based upon the following: - Land Value-$6 million; > Building Cost (psf) - $250; > Total area (psf)-$100,000: > Developer's profit - S800,000; > Economic obsolescence - S1.5 million; > Functional obsolescence - $3 million; > Locational obsolescence - $2 million; > Curable depreciation - Si million; > Effective age -20 years: > Economic Age- 50 years. Oa $10.340,000 Ob.S14,380,000 OC S13,980.000 Od. 510,380,000 Oe. $8,380,000

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Which depreciation method will compute the most depreciation expense over the life of the asset? O Declining-balance will produce the most depreciation expense. O Units-of-production will produce the most depreciation expense. O All methods will produce equal depreciation expense over the life of the asset. O Straight-line will produce the most depreciation expense

(a)  Provide a definition of the deprival value of an asset.                                     (b)     For a particular asset, suppose the three bases of valuation relevant to the calculation of its deprival value are (in thousands of pounds): £12, £10 and £8. Construct a matrix of columns and rows showing all the possible alternative situ- ations and, in each case, indicate the appropriate deprival value.                                                 (c)      Justify the use of deprival value as a method of asset valuation, using the matrix in (b) above to illustrate your answer.                                                                ACCA Level 2, The Regulatory Framework of Accounting, December 1988

Refer to the highest and best use analysis in table below.   Use (a)Year 1 NOI (b)(r−g) (c)R (a÷c = d)Implied Property Value (PV) (e)Construction Cost of Building (d) − (e)Implied Land Value(Residual) Office $ 510,000 0.13−0.03 0.10 $ 5,100,000 $ 4,000,000 1,100,000 Retail $ 610,000 0.12−0.04 0.08 7,625,000 $ 6,750,000 875,000 Apartment $ 415,000 0.12−0.03 0.09 4,611,111 $ 3,000,000 1,611,111 Warehouse $ 410,000 0.10−0.02 0.08 5,125,000 $ 4,000,000 1,125,000   Required: Suppose that the warehouse income would grow at 3 percent per year instead of 2 percent.  a. Does this change the highest and best use of the site?   multiple choice Yes No   b. What is the new implied land value? (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.)