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The total cost of this purchase is $1,000 (50 shares x $20). This becomes your cost basis. A few years later, you decide to sell all 50 shares when the price has risen to $30 per share.
George Moorsom ordered the entire fleet of British merchant ships to be measured according to the new System and then divided the total gross tonnage by the total registered tonnage. The result was 98.22 cubic feet (2.781 m 3 ) per gross ton, which was rounded to 100 cu ft (2.8 m 3 ) per ton.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.
Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.
A multi-purpose ship (sometimes called a general cargo ship) is used to transport a variety of goods, from bulk commodities to break bulk and heavy cargoes. To provide maximum trading flexibility they are usually geared (supplied with cranes), and modern examples are fitted for the carriage of containers and grains .
A constructive total loss is a situation where the cost of repairs plus the cost of salvage equal or exceed the value of the vessel. It also covers cases where the vessel has been abandoned in the reasonable belief that a total loss is inevitable. [ 12 ]
To calculate the approximate cost of rebuilding your home, you could use the following formula: ($200) x (1,200 sq. feet) = $240,000 approximate home rebuild cost