Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy. Hebrew to English translations [PRO] Bus/Financial - Accounting | | Hebrew term or phrase: סכום בר השבה | | סכום בר-השבה הינו הגבוה מבין מחיר המכירה של הנכס בניכוי עלויות מכירה לבין שווי השימוש בו. |
| chuckopoloKudoZ activityQuestions: 59 ( 8 open) ( 3 without valid answers) ( 1 closed without grading) Answers: 0
| | Local time: 20:35
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| | English translation:recoverable amount | Explanation: Definition of
recoverable amount
Accounting
value of asset if sold or when used
the value of an asset, either the price it would bring if sold, or its value to the company when used, whichever is the larger figure
http://www.qfinance.com/dictionary/recoverable-amount
plus some 887,000 Google advanced search results
-------------------------------------------------- Note added at 22 mins (2012-02-04 23:34:48 GMT) --------------------------------------------------
a more detailed explanation:
Recoverable amount is the HIGHER of the:
•Fair value less those expenses relating to the disposal/sale of the asset and
•Value in use of an asset
A simple illustration:
Company XYZ has a plant & machinery which has a fair value of $100,000 and estimate that the costs to dispose of the asset should be $ 15,000. If the company decides to continue to use the asset the present value of the net cash flow from the asset is estimated to be $70,000
To calculate the recoverable amount, it is the higher of:
(a) Fair value less costs to sell viz: $100,000-$15,000=$85,000 and
(b) Value in use of the asset viz: $70,000
which in this case is the fair value less costs to sell i.e. $85,000
http://basiccollegeaccounting.com/2010/03/in-accounting-expl... |
| Selected response from: wizard_of_words Local time: 20:35
| Grading comment תודה 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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18 mins confidence: peer agreement (net): +3 recoverable amount
Explanation: Definition of
recoverable amount
Accounting
value of asset if sold or when used
the value of an asset, either the price it would bring if sold, or its value to the company when used, whichever is the larger figure
http://www.qfinance.com/dictionary/recoverable-amount
plus some 887,000 Google advanced search results
-------------------------------------------------- Note added at 22 mins (2012-02-04 23:34:48 GMT) --------------------------------------------------
a more detailed explanation:
Recoverable amount is the HIGHER of the:
•Fair value less those expenses relating to the disposal/sale of the asset and
•Value in use of an asset
A simple illustration:
Company XYZ has a plant & machinery which has a fair value of $100,000 and estimate that the costs to dispose of the asset should be $ 15,000. If the company decides to continue to use the asset the present value of the net cash flow from the asset is estimated to be $70,000
To calculate the recoverable amount, it is the higher of:
(a) Fair value less costs to sell viz: $100,000-$15,000=$85,000 and
(b) Value in use of the asset viz: $70,000
which in this case is the fair value less costs to sell i.e. $85,000
http://basiccollegeaccounting.com/2010/03/in-accounting-expl...
| wizard_of_words Local time: 20:35 Native speaker of: Hebrew, English PRO pts in category: 4
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