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A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
Sales taxes on new or significantly renovated housing used as a primary residence may be eligible to have a portion of charged federal and provincial sales taxes rebated. New homes valued up to $450,000 may be eligible for a 36% rebate on GST charged up to a maximum of $6,300. [ 17 ]
Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable. The value is nonetheless usable because it is derived from the best information available. [ 1 ]
Usually a two-for-one deal means two identical items for the price of one. But this phrase takes on a whole new meaning as out-of-this-world home creations aim to serve more than one function ...
Market value is usually interchangeable with open market value or fair value. International Valuation Standards (IVS) define: Market value – the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm's length transaction, after proper marketing and where ...
It is estimated that the Ontario landscape is covered by roughly 85 billion trees. The forest industry in Ontario brings in about $10.8 billion in revenue per year. Sixty percent of Ontario's forest industry is recognized as value-added wood products. In 2005, Ontario's manufacturing of cabinets and furniture represented $2.2 billion.
In 2022, MPAC sent out approximately 6 million property assessment notices, advising properties of their assessment value. The current values are based on a January 1, 2016 valuation date. Due to the COVID-19 pandemic, the Ontario government postponed the 2020 Assessment Update.
The price-to-book ratio (P/B) is a commonly used benchmark comparing market value to the accounting book value of the firm's assets. The price/sales ratio and EV/sales ratios measure value relative to sales. These multiples must be used with caution as both sales and book values are less likely to be value drivers than earnings.