Ask for the power of the large asset valuation usual homework answer 200

An enterprise transferred a complete set of float glass production technology, and the following information was known after collection and preliminary calculation: the enterprise and the purchasing enterprise jointly enjoyed the float glass production technology, and the design capacity of both parties was 6 million and 4 million TEUs respectively.

Sexuality: Sexuality refers to illustrating reality with the potential of an asset's future space-time. Asset valuation came about only after socialized mass production and the development of the commodity economy had reached a considerable level.

It refers to the behavior of a special institution or a special appraiser who follows the statutory or fair standards and procedures, uses scientific methods, and uses currency as a unified measure for calculating equity to evaluate and estimate assets at a certain point in time.

Impartiality: Impartiality refers to the independence of the asset appraisal party to the appraisal party, which serves the needs of the asset business, rather than the needs of any single party of the asset business.

Features of Asset Valuation:

1) Reality: Reality refers to the assessment and estimation of assets based on the actual status of assets at this point in time, taking the assessment base date as the time reference. Realism requires that asset valuation activities must focus on the actual existence of the asset.

It assumes that specific assets (movable property, immovable property, intangible assets, corporate property rights, etc.) will continue to exist at the current point in time in the future. In the asset appraisal for the purpose of investment appraisal, more consideration will be given to the synergistic effect brought about by the introduction of new property rights subjects.

2) Marketability: Marketability refers to the distinctive feature of asset valuation that distinguishes it from other accounting activities, and asset valuation activities pay more attention to the public market value, rather than the record of historical costs on the books.

An enterprise transferred a complete set of float glass production technology, and the following information is known after collection and preliminary calculation:

First, the enterprise and the purchasing enterprise jointly enjoy the float glass production technology, and the design capacity of both sides is 6 million and 4 million TEUs respectively.

Second, the complete set of float glass production technology is imported from abroad, with a book of 2 million yuan, which has been used for 2 years and can be used for 8 years, and the inflation rate for 2 years is 10%.

Third, the technology transfer out has a great impact on the production and operation of the enterprise, due to the intensification of market competition, the decline of products, in the next 8 years to reduce sales revenue at the present value of 800,000 yuan, increase development costs to improve quality, to keep the market additional costs of 200,000 yuan at the present value. Evaluate the minimum fee for the transfer of intangible assets.

Asset appraisal is a specialized activity derived from the development of the market economy, out of the need for a specific type of movable property, immovable property, intellectual property rights and enterprise value evaluation, from the eighties of the last century, China has appeared specialized in asset appraisal professionals.

Specifically, asset appraisal refers to the process of evaluating and valuing assets by specialized agencies and personnel, in accordance with national regulations and relevant information, according to specific purposes, in accordance with applicable principles and standards, in accordance with legal procedures, and using scientific methods.

The training goal of the asset appraisal major in colleges and universities is to cultivate senior professionals who have a solid theoretical knowledge of economics and management, master modern asset appraisal theories and methods, have the knowledge and ability to engage in asset appraisal related work, and can be engaged in asset appraisal business and management in asset appraisal companies, accounting firms, state-owned assets supervision and administration institutions, judicial organs, industrial and commercial enterprises, and financial and insurance industries.

1b 2c3c.Goodwill 4 dLegally 5bThe principle of objectivity.

6a.Assessment Agencies and Evaluators 7 cAssets assessed 8 d

Institutions and persons engaged in asset appraisal 9aPaid service 10 bTime point 11d

Both distinct and related12aAssessment of Specific Purposes 13aThe larger the 14a

Liquidation 15cNot the same as 16bUnequal 17 d

Intangible assets 18dRenewal, but unable to generate future earnings of the device $20bOpen market.

1、b 2、c3、c4、d5、c

6、a7、c8d、9、a10、b

11d12b13a14a15b

16a17a18d19a20b

The twelfth one, I think is b, which is different from others because of the type and method of value determined by the specific purpose of the evaluation.

Imported equipment dependency costs.

Foreign freight, foreign transportation insurance premiums, customs duties, consumption tax, value-added tax, bank finance fees, foreign trade handling fees, and additional taxes on vehicle purchases for vehicles.

a) Foreign freight.

Foreign Freight = FOB Equipment Foreign Freight Rate.

Rate: 5% 8% for ocean going deep, 3% 4% for ocean (2) foreign transportation insurance premium.

Foreign transportation insurance premium = (FOB equipment + foreign freight) Insurance rate (3) Tariff.

Tariff = Equipment Landed Price (CIF) tariff rate.

4) Consumption tax.

6) Bank finance fees.

Bank Finance Fee = FOB Equipment Rate.

The current bank finance rate in China is generally 4 -5.

7) Foreign trade handling fees.

Foreign trade handling fee = equipment CIF (CIF) Foreign trade handling fee rate At present, the import rate of China's import and export companies is generally 1%.

8) Additional taxes and fees for the purchase of vehicles.

Vehicle purchase surcharge = (CIF RMB + customs duty + consumption tax) Tax rate [Example 8-6] The FOB price of an imported equipment is 12,000,000 US dollars, the tariff rate is 16%, the bank finance rate is, the company's ** rate is 1%, the domestic transportation and miscellaneous rate is 1%, the installation rate is, and the basic rate is. It takes 2 years from the order to the installation of the equipment, and the proportion of capital invested in the first year is 30%. Assuming that the annual capital investment is uniform, the bank loan interest rate is 5%, and the exchange rate of the US dollar against the RMB is 1:.

Requirement: Calculate the replacement cost of the device.

The replacement cost of the equipment includes: (1) the price of the equipment; (2) Overseas transportation costs (foreign freight); (3) Marine insurance premiums (foreign transportation insurance premiums); (4) customs duties; (5) Value added tax; (6) bank finance charges; (7) The company's handling fee (foreign trade handling fee); (8) Domestic freight; (9) installation fee; (10) Basic fee; (11) Cost of capital.

The content comes from the user: Aqua Jiangnan sky

Explanation of important terms:

Expected Returns Principle, Contribution Principle, Open Market Assumptions, Liquidation Assumptions, Replacement Costs.

Updating Replacement Cost, Market Value, In-Use Value, Functional Depreciation, Economic Depreciation.

Contribution principle: The value of an asset or a component of an asset is determined by its contribution to the value of other related assets or the asset as a whole, or by the degree of impact on the decline in the overall value when it is missing.

Open market assumption: The open market refers to the fully developed and perfect market conditions, which is a competitive market with willing buyers and sellers, in this market, the buyers and sellers are equal, each has the opportunity and time to obtain sufficient market information, and the trading behavior of buyers and sellers is carried out voluntarily and rationally, rather than under the condition of coercion or unrestriction. The open market assumption assumes that the asset being evaluated will be traded in such a market.

Liquidation Assumption: A hypothetical statement of the conditions under which an asset is forced** or quickly liquidated under non-public market conditions.

Market value: An estimate of the exchange value of an asset that can be realized under normal, best or most likely use conditions in the open market on the base date of assessment.

Functional depreciation: refers to the loss of asset value caused by the relative backwardness of asset functions caused by technological progress.

Economic depreciation: refers to the loss of asset value caused by changes in external conditions caused by idle assets and declining returns.

Chapter 1 Introduction.

1. Multiple choice question 1 From the perspective of the parties to the asset transaction using the asset appraisal conclusion, the asset appraisal results have (C9AA2 trial market approach to evaluate the excavator in Chapter 8 A1 ((Note: Try to estimate the current unit land price and floor land price of the land. 5105 Replacement Cost of Imported Equipmenta

Question: Teacher: Hello!

Textbook P148 has several questions:

1. In Table 4-20, what is the difference between the investment recovery coefficient, discount rate, capitalization rate and return on investment? Is the investment** coefficient the discount rate?

2. Table 10-year, 8-year, the textbook says to check the compound interest coefficient table, how many pages and how many lines can be found in the specific textbook? I can't see the data in the table, how can I check it?

3. What is "interpolation calculation"? How is it calculated?

The teacher replied: The investment coefficient is the rate of return of the reference that has been traded, which is a fact of the past. The discount rate is a measure of future risk by discounting future returns. The theoretical basis of the calculation formula is the discounting of perpetual annuity in the income method.

The capitalization rate is the discount rate used for indefinite discounting, and there is no essential difference from the discount rate.

The investment coefficient is the reciprocal of the present value coefficient of the annuity, which can be seen in the Gongchang Bird Circle in the textbook. The same is true for the look-up table, the present value coefficient of the annuity is a number greater than 1, and its calculation formula is found in the textbook. The numerator is 1 1 (1 r) to the nth power and the denominator is r.

You can find the present value coefficient of the annuity by looking up the table, and then find the reciprocal to get the investment ** coefficient.

Example of interpolation calculation: For example, when the discount rate is x, the value obtained is 1000, and r=9% will get an answer a, which is greater than 1000; Let r=11% give another answer b, less than 1000

Then there will be (1000-a) (b-a)=(x-9%) 11%-9%)

Solving the equation yields x

Question content: Hello teacher: I am a new student, your lecture is concise and easy to understand, and the general feeling after listening to the class is very relaxed and suddenly enlightened. Thank you for your in-depth explanation. My question:

1. What is the fixed-base ** index?

2. In example 2-6, it should be the appraised value of May, how can it be October?

3. My foundation is weak, and the teacher didn't talk about the example questions in the handouts of the eighth lecture, and I still don't understand it.

4. I see a student doing homework, where is the homework after each lecture?

Thank you. The teacher replied:

The fixed-base index refers to the rate of change of other points in time compared to a fixed point in time. For example, using 1998 as the benchmark point, the 2000 fixed-base index refers to the degree of change over a two-year period, and the 2003 fixed-base index reflects a five-year change. To grasp the method of adjusting the fixed-base index to the quarter-on-quarter, i.e., (fixed-base ** index in 1 year a) (fixed-base ** index in 1 b year) can give a two-year quarter-on-quarter ** index.

b = a - 1 year.

Yes, the textbook is wrong.

Write down the original question for the example question you said.

It's important to pay attention to the progress of the revision and try to complete the revision as early as possible.