NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (191) 07/10/2023 MARGINAL REVENUE Marginal Revenue is the increase in revenue that results from the sale of one additional unit of output As a firm is trying to maximize it’s profits, it needs to consider what happens when it changes its production by one unit Revenue Revenue is the amount of […]
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Saturday Brain Storming Thought (190) 30/09/2023 MONOPOLY A monopoly is defined as a single seller or producer that excludes competition from providing the same product A monopoly can dictate price changes and creates barriers for competitors to enter the market place Who defined Monopoly *Irving Fisher (1923)*, once defined monopoly simply as an absence of
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Saturday Brain Storming Thought (187) 02/09/2023 CAPITAL GAINS ON INTANGIBLE ASSETS Capital Gains may be realised on some forms of intangible Property, when the asset is sold for a higher price than its purchase price Patents and musical compositions are examples of intangible properties that are taxed at the capital gain rate Are intangible assets
Saturday Brain Storming Thought (189) 23/09/2023 SLUMP SALE When a firm sells a part or whole of its property to a another entity for a lump sump amount, it is known as Slump Sale In a Slump Sale process, the ownership of assets, debts, intellectual property, contracts, staff and debtors are transferred to the buyer
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Saturday Brain Storming Thought (188) 16/09/2023 TENANCY Tenancy means a holding of an estate or a mode of holding an estate Specifically : the temporary possession or occupancy of something (such as house) that belongs to another The period of a tenants occupancy or possession Tenancy in Indian Law Normally, there is a security of
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Saturday Brain Storming Thought (187) 02/09/2023 CAPITAL GAINS ON INTANGABLE ASSETS Capital Gains may be realised on some forms of intangible Property, when the asset is sold for a higher price than its purchase price. Patents and musical compositions are examples of intangible properties that are taxed at the capital gain rate are intangible assets considered
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Saturday Brain Storming Thought (186) 26/08/2023 EXPECTED VALUE (EV) Expected Value (EV) Expected value is a predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence In quantum mechanics, the expected value is the probabilistic expected value of the result (measurement) of an experiment
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Saturday Brain Storming Thought (185) 19/08/2023 NEGATIVE LIABILITY Technically, a negative liability is a company asset, and so should be classified as a prepaid expense Most negative liabilities are created in error, so their presence indicates problems with the underlying accounting system Negative liability means in case of any negative entry in the present quarter
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Saturday Brain Storming Thought (184) 12/08/2023 PREPAID ASSETS A Prepaid Asset is a financial resource that a business has paid for in full, although the full benefit of that resource will not be used until a future date A Prepaid Asset can also be expressed as an expense that has been paid for that will
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Saturday Brain Storming Thought (183) 05/08/2023 BLOCKCHAIN A blockchain expert is one who works with technology and R & D teams for designing and building solutions to leverage cross-asset concepts and frameworks He works on emerging technologies and creates performance metrics for measuring blockchain performance A blockchain expert is one who possesses a deep understanding
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Saturday Brain Storming Thought (182) 29/07/2023 FIT-OUT POSESSION A fit-out possession is given by the developers to property buyers generally after the completion of construction and while the occupancy certificate (OC) application is in progress, mainly so that property buyer can begin their interior work and move in once OC is received Fit-Out Possession does
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Saturday Brain Storming Thought (181) 22/07/2023 RECONVEYANCE Reconveyance refers to the transfer of title to real estate from a creditor to the debtor when a loan secured by the property, ie most likely a mortgage with the property as collateral is paid of Reconveyance Deed A deed of conveyance refers to a document that transfers
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