Depreciation Reserves And Reserve Funds
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The problem is further complicated by the fact that not only is the term of the life of the buildings uncertain, but the cost of renewing them at the expiration of that term is also a matter incapable of exact determination any considerable l6 DEPRECIATION, RESERVES, AND RESERVE FUNDS.
number of years in advance. At the time of writing, the general tendency in this country would appear to be for the cost of building to increase, and if this tendency be at all likely to prove permanent a more li...beral provision for the expenditure that will eventually be necessary to replace the wear and tear of existing fabrics should be made. Experience has, however, shown that the cost of building is a somewhat fluctuating factor, which cannot at any time be regarded with absolute certainty. For practical purposes, therefore, it is clear that the views of well informed business men must be taken on the point before any definite figure can be arrived at which will provide a reasonable provision for such expenditure as it may be found will have to be incurred at some future date.
What to read after Depreciation Reserves And Reserve Funds?
You can find similar books in the "Read Also" column, or choose other free books by Lawrence Robert Dicksee to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The problem is further complicated by the fact that not only is the term of the life of the buildings uncertain, but the cost of renewing them at the expiration of that term is also a matter incapable of exact determination any considerable l6 DEPRECIATION, RESERVES, AND RESERVE FUNDS.
number of years in advance. At the time of writing, the general tendency in this country would appear to be for the cost of building to increase, and if this tendency be at all likely to prove permanent a more li...beral provision for the expenditure that will eventually be necessary to replace the wear and tear of existing fabrics should be made. Experience has, however, shown that the cost of building is a somewhat fluctuating factor, which cannot at any time be regarded with absolute certainty. For practical purposes, therefore, it is clear that the views of well informed business men must be taken on the point before any definite figure can be arrived at which will provide a reasonable provision for such expenditure as it may be found will have to be incurred at some future date.
What to read after Depreciation Reserves And Reserve Funds?
You can find similar books in the "Read Also" column, or choose other free books by Lawrence Robert Dicksee to read onlineMoreLess
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