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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
The difference between a saildrive and a Z-drive is that a saildrive's propeller shaft is fixed in place, pointing aft, whereas a Z-drive's propeller shaft can be rotated to any azimuth. Traditional sailboat transmissions consist of a simple horizontal output shaft extended rearward from the engine, through the stern via a stuffing box .
In this image, waves are created within the bow shock near the boat's initial interface with the water, and a rooster tail directly behind the boat. A rooster tail is a term used in fluid dynamics, automotive gear shifting, and meteorology. It is a region of commotion or turbulence within a fluid, caused by movement.
Boat maintenance and repair costs. Typically, annual boat maintenance costs about 10 percent of the cost of the boat itself. For example, a boat that cost $20,000 to purchase would cost roughly ...
A V-drive is a power transmission system for boats that consists (usually) of two gearboxes, two drive shafts, and a propeller. Whereas the conventional arrangement sites the engine with its gearbox aft, driving the propeller shaft directly, in a "V-drive" layout, the engine is reversed, to have the gearbox in front.
If inventory with a historical cost of $100 is sold for $115 when it costs $110 to replace it, the profit recorded would be $5 only based on replacement cost, not $15; charging economic rent for assets, particularly property. If a business uses a 20-year-old property which it owns, depreciation on a historical cost basis might be insignificant.
For example, if the replacement cost — not the amount that you paid for it originally, but the amount it would cost to replace it today — for your roof is $20,000, but the roof loses 5 percent ...
The property that is insured under inland marine coverage is typically one of the following: Actually in transit; Held by a bailee; At a fixed location that is an instrument of transportation