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Fair market value

Typical asset holdings by TANF households are in the range of USD 2,000-3,000.106 A significant number of states also allow participants to own real property such as a family home and one automobile per household (e.g. West Virginia) or all cars owned by a household (e.g. Arizona), independent of the market value of these assets. Some states, like California, apply the Food Stamp automobile ownership rule - exempting cars up to a fair market value of USD 4,650. [Pg.390]

Needy households are entitled to receive food stamp allotments.112 The eligibility standards are prescribed in the Food Stamp Act of 1977. An eligible household s financial resources must not exceed USD 2,000 or, if the household consists of or includes an elderly person (an individual 60 years of age or older), resources must not exceed USD 3,000 (7 CFR 273.8 (b)). One car worth up to a fair market value of USD 4,650 and vehicles used to produce income or necessary for transportation of a physically disabled household member, as well as fuel for heating and water for home use are excluded from the financial resources.113 Significantly, this includes any earned income tax credits received by any member of the household for 12 months. In addition, a household s home is excluded (7 CFR 273.8 (e)(1)) from financial resources. The maximum allowable net income114 is the Federal Poverty Line (FPL).115 Households with no elderly persons must not have a gross... [Pg.395]

FBVF fiber (gjass) backed vacuum thermo- FMV fair market value... [Pg.595]

Accountants use various methods of asset valuation. The method chosen to value an asset influences what is stated within the categories on the balance sheet. For this reason, it is necessary to knowwhich valuation method is used before any inference from financial analysis can be made. Assets are typically valued at cost or fair market value. Simply put, cost is how much the company paid to acquire the asset, which includes all the costs related to purchasing an asset. Contrastingly, fair market value is how much the company could receive if the asset is sold. [Pg.40]

From a supply chain and operations perspective, cost is the most common valuation method. This is largely due to the asset categories associated with supply chain and operations. For example, inventory is typically valued at acquisition cost or replacement cost property, plant, and equipment (PP E) are also valued at acquisition cost. Other asset categories often use a different valuation method. Fair market value is often used when assets are actively traded, such as investments in stocks, marketable securities, and accounts receivables. [Pg.40]

Reporting the cost of land can be affected by many factors, including time. An example using the land cost method, assume that the Target Corporation purchased land for 500,000 5 years ago. In those 5 years, the land appreciated to a fair market value of 1,000,000. Despite the fair market value of the land, the balance sheet would report the cost of the land at 500,000. The difference in the cost affects how analysts perceive the company s performance. The company actually has land that is more valuable than is reported. [Pg.41]

Not all assets are depreciated, though. Knowing this then begs the question, What assets are depreciated With the exception of land, those assets classified as PP E are depreciated. Land improvements, buildings, and equipment are depreciated however, land itself is not. Land does not have a useful life rather, it has an unlimited life, and in many cases, land becomes more useful as less land is available. Land tends to continue to produce revenue for a company. Note that depreciation is used to allocate cost it does not determine an assets value. Eventually, a fully depreciated asset may show a book value of zero dollars but its fair market value, what you could sell the asset for, may be much higher. [Pg.43]

In the Okakarara area, the domination of the Herero is quite apparent. Being cattle herders, they have always had a reliable source of income. Having built a strong traditional leadership structure, they have developed an efficient system of community self-help. These characteristics suggest that they would also be a suitable group to work with in terms of creating a common project that would empower these commimities and help build sustainable and fair market chains for morama value-added products. [Pg.237]

Independent Land Value Evaluators. As stated earlier, the land was identified and acquired by the District Collector and he/she only decides the price of the land. This procedure was not a fair process. The idea of using market price (market value was decided based on the stamp duty charged (a state government levied tax on the sale of property) on the land in the vicinity of the project) has also not worked well as the land market was highly underpriced. For paying low stamp duty, a price much lower than the under priced value was quoted. In India, there are no independent land value evaluators and there is no legislation that identifies such a profession. The creation... [Pg.613]

This formula calculates the fair price on a coupon payment date, so there is no accrued interest incorporated into the price. Accrued interest is an accounting convention that treats coupon interest as accruing every day a bond is held this accrued amount is added to the discounted present value of the bond (the clean price) to obtain the market value of the bond, known as the dirty price. The price calculation is made as of the bond s settlement date, the date on which it actually changes hands after being traded. For a new bond issue, the settlement date is the day when the investors take delivery of the bond and the issuer receives payment. The settlement date for a bond traded in the secondary market—the market where bonds are bought and sold after they are first issued—is the day the buyer transfers payment to the seller of the bond and the seller transfers the bond to the buyer. [Pg.19]

Quahty criteria for ad grades sound, fair and marketable quahty, dry, inhomogeneous granulated crystals, or free-flowing. Ad values are maximum except for sucrose content, which are minimum. [Pg.20]

Again, the answer should be fairly obvious. The potential therapeutic value of the steroid hormones makes these of tremendous commercial value. The commercial market for these is of the order of hundreds of millions of dollars per year. There is no comparable market for sterols and bile salts. We are faced with the interesting situation, therefore, that sterols are relatively abundant in natural sources but of relatively low commercial value, whilst steroids occur naturally at very low concentrations but are of great commercial value. Although there are tremendous variations amongst different products, steroids with desirable properties command market prices that are (ten to one thousand fold) greater than their sterol counterparts. [Pg.297]

You can expect the cost of A and the value of C to be fairly accurate. The required production rate is a marketing guess. So is the selling price of B, which is not shown above. For now, assume it is high enough to justify the project. Your job is the conceptual design of a reactor to produce the required product at minimum total cost. [Pg.189]

National market shares shifted as fast as fashion taste. Five years after the London exhibition, another international fair was held in Paris. By then, the dyes market had tripled in value, although French dye companies—like some of their colors—were fading. Their chemists were emigrating to Switzerland where future chemical giants, including Novartis forerunners, Ciba and Geigy, would flourish. [Pg.24]

We start by considering the (free) health insurance market. An actuarially fair insurance premium is one that equals the expected value of its yield in health... [Pg.125]

The returns for the industry can be monitored (see Figs 1.1-1.3). The selling price of caustic soda is fairly transparent everywhere and chlorine pricing is transparent in the USA. Chlorine is less transparent outside the USA as most of the consumption is captive rather than merchant. The market for ethylene dichloride (EDC) is, however, transparent and chlorine values can be worked out from the selling price of the EDC and the input price for the ethylene. Knowledge of the chlorine value and the caustic value gives the value of the Electrochemical Unit or ECU. This provides a measure of the profitability of the business at any time. Convenient marker prices can be found in the US Gulf for both EDC and caustic as well as out of north-west Europe. [Pg.16]


See other pages where Fair market value is mentioned: [Pg.260]    [Pg.1148]    [Pg.1148]    [Pg.31]    [Pg.260]    [Pg.68]    [Pg.99]    [Pg.178]    [Pg.334]    [Pg.153]    [Pg.48]    [Pg.40]    [Pg.40]    [Pg.47]    [Pg.260]    [Pg.1148]    [Pg.1148]    [Pg.31]    [Pg.260]    [Pg.68]    [Pg.99]    [Pg.178]    [Pg.334]    [Pg.153]    [Pg.48]    [Pg.40]    [Pg.40]    [Pg.47]    [Pg.203]    [Pg.313]    [Pg.207]    [Pg.106]    [Pg.278]    [Pg.71]    [Pg.278]    [Pg.218]    [Pg.13]    [Pg.86]    [Pg.266]    [Pg.234]    [Pg.85]    [Pg.457]    [Pg.194]    [Pg.94]    [Pg.578]   
See also in sourсe #XX -- [ Pg.595 ]




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