- Depreciation is the decrease in value of an asset over time due to wear and tear. It allows a company to allocate the cost of the asset over its useful life.
- There are several methods of calculating depreciation, including straight-line, declining balance, sum-of-years digits, and annuity methods. Each method allocates the depreciation expense differently over the life of the asset.
- Public projects are evaluated based on their benefit-cost ratio, which compares the present value of benefits to present value of costs. A project is acceptable if the benefit-cost ratio is equal to or greater than 1.
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The concepts are about project appraisal using traditional methods, methods that do not take into consideration the aspect of time in the value of money.
The Depreciation Methods presentation aims to provide a comprehensive understanding of various techniques used to calculate the decrease in asset value over time. By exploring different approaches to depreciation, this presentation assists in making informed decisions about long-term investment planning and maximizing asset utilization.
Definition of depreciation: Exploring the concept of depreciation as the systematic allocation of asset cost over its useful life.
Highlighting how depreciation facilitates accurate financial reporting, tax deductions, and asset replacement planning.
The Depreciation Methods presentation provides a comprehensive overview of the straight-line, declining balance, and sum-of-the-years' digits methods, equipping individuals with the knowledge necessary to leverage depreciation techniques effectively. By understanding these methods, organizations can make informed decisions to optimize asset utilization, financial reporting accuracy, and long-term investment planning.
Comparison of all three methods: Presenting a side-by-side comparison of the straight-line, declining balance, and sum-of-the-years' digits methods, highlighting their distinctive features.
Real-life applications: Showcasing real-world scenarios where each method's specific advantages make them more suitable, helping organizations make the best choice according to their asset portfolios and financial goals.
Student information management system project report ii.pdfKamal Acharya
Our project explains about the student management. This project mainly explains the various actions related to student details. This project shows some ease in adding, editing and deleting the student details. It also provides a less time consuming process for viewing, adding, editing and deleting the marks of the students.
An Approach to Detecting Writing Styles Based on Clustering Techniquesambekarshweta25
An Approach to Detecting Writing Styles Based on Clustering Techniques
Authors:
-Devkinandan Jagtap
-Shweta Ambekar
-Harshit Singh
-Nakul Sharma (Assistant Professor)
Institution:
VIIT Pune, India
Abstract:
This paper proposes a system to differentiate between human-generated and AI-generated texts using stylometric analysis. The system analyzes text files and classifies writing styles by employing various clustering algorithms, such as k-means, k-means++, hierarchical, and DBSCAN. The effectiveness of these algorithms is measured using silhouette scores. The system successfully identifies distinct writing styles within documents, demonstrating its potential for plagiarism detection.
Introduction:
Stylometry, the study of linguistic and structural features in texts, is used for tasks like plagiarism detection, genre separation, and author verification. This paper leverages stylometric analysis to identify different writing styles and improve plagiarism detection methods.
Methodology:
The system includes data collection, preprocessing, feature extraction, dimensional reduction, machine learning models for clustering, and performance comparison using silhouette scores. Feature extraction focuses on lexical features, vocabulary richness, and readability scores. The study uses a small dataset of texts from various authors and employs algorithms like k-means, k-means++, hierarchical clustering, and DBSCAN for clustering.
Results:
Experiments show that the system effectively identifies writing styles, with silhouette scores indicating reasonable to strong clustering when k=2. As the number of clusters increases, the silhouette scores decrease, indicating a drop in accuracy. K-means and k-means++ perform similarly, while hierarchical clustering is less optimized.
Conclusion and Future Work:
The system works well for distinguishing writing styles with two clusters but becomes less accurate as the number of clusters increases. Future research could focus on adding more parameters and optimizing the methodology to improve accuracy with higher cluster values. This system can enhance existing plagiarism detection tools, especially in academic settings.
Forklift Classes Overview by Intella PartsIntella Parts
Discover the different forklift classes and their specific applications. Learn how to choose the right forklift for your needs to ensure safety, efficiency, and compliance in your operations.
For more technical information, visit our website https://intellaparts.com
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
HEAP SORT ILLUSTRATED WITH HEAPIFY, BUILD HEAP FOR DYNAMIC ARRAYS.
Heap sort is a comparison-based sorting technique based on Binary Heap data structure. It is similar to the selection sort where we first find the minimum element and place the minimum element at the beginning. Repeat the same process for the remaining elements.
Water billing management system project report.pdfKamal Acharya
Our project entitled “Water Billing Management System” aims is to generate Water bill with all the charges and penalty. Manual system that is employed is extremely laborious and quite inadequate. It only makes the process more difficult and hard.
The aim of our project is to develop a system that is meant to partially computerize the work performed in the Water Board like generating monthly Water bill, record of consuming unit of water, store record of the customer and previous unpaid record.
We used HTML/PHP as front end and MYSQL as back end for developing our project. HTML is primarily a visual design environment. We can create a android application by designing the form and that make up the user interface. Adding android application code to the form and the objects such as buttons and text boxes on them and adding any required support code in additional modular.
MySQL is free open source database that facilitates the effective management of the databases by connecting them to the software. It is a stable ,reliable and the powerful solution with the advanced features and advantages which are as follows: Data Security.MySQL is free open source database that facilitates the effective management of the databases by connecting them to the software.
Understanding Inductive Bias in Machine LearningSUTEJAS
This presentation explores the concept of inductive bias in machine learning. It explains how algorithms come with built-in assumptions and preferences that guide the learning process. You'll learn about the different types of inductive bias and how they can impact the performance and generalizability of machine learning models.
The presentation also covers the positive and negative aspects of inductive bias, along with strategies for mitigating potential drawbacks. We'll explore examples of how bias manifests in algorithms like neural networks and decision trees.
By understanding inductive bias, you can gain valuable insights into how machine learning models work and make informed decisions when building and deploying them.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
2. Depreciation
• Any equipment which is purchased today will not work for ever.
– Due to Wear & Tear, Becoming out of Date
• Successful company has to take the decision, when to replace the
old equipment
• Replacement Involves Money.
– This should be internally generated from the earnings of the equipment.
(depreciation Fund).
• Depreciation means decrease in value of any physical asset
with the passage of time.
MG6863 S.BALAMURUGAN, AP/MECH
AAACET
2
3. • Fixed sum is charged as the depreciation amount
throughout the life time.
• Accumulated sum at the end of life is equal to the
purchase value of the asset. MG6863 S.BALAMURUGAN, AP/MECH AAACET
3
4. Straight Line Method of Depreciation
• Himalaya Drug Company has just purchased a capsulizing machine for Rs. 10, 00,000.
The plant engineer estimates that the machine has a useful life of 5 years and a salvage
value of Rs. 10,000 at the end of its useful life. Compute the depreciation schedule for
the machine by each of the following depreciation methods : i) Straight line method of
depreciation.
• Solution:
• P = Rs. 10,00,000 n=5 years F = Rs. 10,000
• Depreciation Dt =
𝑷−𝑭
𝒏
= =
10,00,000 − 10,0000
𝟓
= Rs. 1,98,000
End of Year Depreciation (Dt ) Book Value (Bt = Bt-1 - Dt )
0 10,00,000
1 1,98,000 8,02,000
2 1,98,000 6,04,000
3 1,98,000 4,06,000
4 1,98,000 2,08,000
5 1,98,000 10,000
MG6863 S.BALAMURUGAN, AP/MECH AAACET 4
5. • More realistic approach, the depreciation charges decreases
with the life of the asset which matches the earning potential of
the asset.
• Constant percentage of the book value of the previous period of
the asset will be charged as the depreciation amount for the
current period.
• Depreciation, Dt = K × Bt-1 Book Value (Bt) = Bt-1 - Dt
• Fixed Percentage K = limited to 2/n.
• Generally Assume K = 0.2
Declining Balance method of depreciation
MG6863 S.BALAMURUGAN, AP/MECH AAACET 5
6. Declining Balance method of depreciation
• A company has purchased an equipment whose first cost is Rs.1,00,000 with an
estimated life of eight years. The estimated salvage value of the equipment at the
end of its lifetime is Rs.20,000. Determine the depreciation charge and book value
at the end of various years using decline balance method of depreciation by
assuming K=0.2
• Solution: P = Rs.1,00,000 F = Rs.20,000 n = 8 Years K=0.2(Assume)
Depreciation, Dt = K × Bt-1 Book Value (Bt) = Bt-1 - Dt
End of Year (n) Depreciation (Dt ) (Rs.) Book Value (Bt) (Rs.)
0 1,00,000
1 1,00,000 × 0.2 = 20,000 10,00,000 - 2,00,000= 80,000
2 80,000 × 0.2 = 16,000 80,000 – 16,000 = 64,000
3 64,000 × 0.2 = 12,800 64,000 – 12,800 = 51,200
4 51,200 × 0.2 = 10,240 51,200-10,240 = 40,960
5 40,960 × 0.2 = 8,192 40,960 – 8,192 = 32,768
6 32,768 × 0.2 = 6,553.60 32,768 – 6,553.60 = 26,214.40
7 26,214.40 × 0.2 = 5,242.88 26,214.40 – 5,242.88 = 20,971.52
8 20,971.52 × 0.2 = 4,194.30 20,971.52 – 4,194.30 = 16,777.22
MG6863 S.BALAMURUGAN, AP/MECH AAACET
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7. Sum of Years Digit Method of Depreciation
• In this method, it is assumed that the book value of the asset
decreases at a decreasing rate.
• Step 1 – Find Sum of Years
– Example – 5 Years life
– Sum of Years = 1+2+3+4+5 = 15 =
𝒏(𝒏+𝟏)
𝟐
• Rate of depreciation for the years 1-5 = 5/15, 4/15, 3/15, 2/15, 1/15
• Step 2
– Depreciation, Dt = Rate × (P-F)
– Book Value (Bt) = Bt-1 - Dt
MG6863 S.BALAMURUGAN, AP/MECH AAACET 7
8. Sum of Years Digit Method of Depreciation
• The cost of the machine is Rs.1,00,000 and its scrap value is Rs.40,000.
Estimate life 5 years. Using sum of years digit method, determine
depreciation charges for each year.
• Solution
– 5 Years life
– Sum of Years = 1+2+3+4+5 = 15 =
𝒏(𝒏+𝟏)
𝟐
– Rate of depreciation for the years 1-5 = 5/15, 4/15, 3/15, 2/15, 1/15
• Depreciation, Dt = Rate × (P-F) Book Value (Bt) = Bt-1 - Dt
End of
Year
Depreciation (Dt )
(Rs.)
Book Value (Bt = Bt-1 - Dt )
(Rs.)
0 - 1,00,000
1 Rate (5/15) = (5/15) × (1,00,000 – 40,000) = 20,000 =1,00,000 –20,000=80,000
2 Rate (4/15) = (4/15) × (1,00,000 – 40,000) = 16,000 = 80,000 – 16,000 = 64,000
3 Rate (3/15) = (3/15) × (1,00,000 – 40,000) = 12,000 = 64,000 – 12,000 = 52,000
4 Rate (2/15) = (2/15) × (1,00,000 – 40,000) = 8,000 = 52,000 – 8,000 = 44,000
5 Rate (1/15) = (1/15) × (1,00,000 – 40,000) = 4,000 = 44,000 – 4,000 = 40,000
MG6863 S.BALAMURUGAN, AP/MECH AAACET
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9. Annuity Method or Sinking Fund Method of
Depreciation
• In this method of depreciation, the book value decreases at increasing
rates with respect to the life of the asset.
• Step 1
– Find Equal depreciation amount for Loss in value of asset (P – F)
– A = (P – F) × [A/F, i ,n]
• Step 2
– Depreciation Dt = (P – F) × (A/F, i ,n) × (F/P, i, t – 1)
– Book Value (Bt) = P – (P – F) × (A/F, i ,n) × (F/A, i, t )
MG6863 S.BALAMURUGAN, AP/MECH AAACET 9
10. Annuity Method or Sinking Fund Method
of Depreciation
• Find the depreciation annuity by Annuity method after three years,
when the initial cost of the machine is Rs.8,00,000 and the salvage
value at the end of three years is Rs.4,00,000. Rate of interest 10%.
• Solution:
• A = (P – F) × (A/F, i ,n)
= (8,00,000 – 4,00,000) × (A/F, 10% ,3) =(4,00,000 × 0.3021)
A = Rs.1,20,840
• Method 1
• Depreciation Dt = (P – F) × (A/F, i ,n) × (F/P, i, t – 1)
At Year 1, D1 = 1,20,840 × (F/P, i, 1 – 1) = Rs. 1,20,840
At Year 2, D2 = 1,20,840 × (F/P, i, 2 – 1) = 1,20,840 × (F/P, i, 1)
= 1,20,840 × (1.100) = Rs. 1,32,924
At Year 2, D2 = 1,20,840 × (F/P, i, 3 – 1) = 1,20,840 × (F/P, i, 2)
= 1,20,840 × (1.210) = Rs. 1,46,216.4MG6863 S.BALAMURUGAN, AP/MECH AAACET
10
11. Annuity Method or Sinking Fund Method of Depreciation
• Find the depreciation annuity by Annuity method after three years,
when the initial cost of the machine is Rs.8,00,000 and the salvage
value at the end of three years is Rs.4,00,000. Rate of interest 10%.
• Solution:
• A = (P – F) × (A/F, i ,n)
= (8,00,000 – 4,00,000) × (A/F, 10% ,3) =(4,00,000 × 0.3021)
A = Rs.1,20,840
• Method 2
End of
Year
Fixed
Depreciation
(Rs.)
Net Depreciation (Dt)
(Rs.)
Book Value
(Bt = Bt-1 - Dt )
(Rs.)
0 8,00,000
1 1,20,840 1,20,840 =8,00,000 – 1,20,840 = 679160
2 1,20,840 1,20,840 + 1,20,840(0.10) = 132924 =679160 – 1,32,924 = 546236
3 1,20,840 1,20840 + (1,20,840 + 1,32,924) (0.10)
= 1,46,216.4
=5,46,236 – 1,46,216.4 = 4,00,019.6
MG6863 S.BALAMURUGAN, AP/MECH AAACET
11
12. Service Output Method of Depreciation
• This method of depreciation based on Service provided by the
asset. Not based on Time Period.
• Depreciation / unit of service =
𝑷−𝑭
𝑿
• Depreciation for x units of service in a period =
𝑷−𝑭
𝑿
(x)
• Example – Printer Toner – Initial Cost (P) – Salvage
Value (F)– Capacity (𝑿)1000 Pages
• At present 500 pages(x) completed,
MG6863 S.BALAMURUGAN, AP/MECH AAACET
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13. • The first coat of a road laying machine is Rs.80,00,000. its salvage value after five years is
Rs.50,000. the length of road that can be laid by the machine during its life time is 75,000
km. in its third year of operation, the length of road laid is 2,000 km. Find the
depreciation of the equipment for that year.
• Solution:
• P = 80,00,000, F = Rs.50,000, X = 75,000km, x = 2,000 km
• Depreciation for x units of service in a period =
𝑷−𝑭
𝑿
(x)
• Depreciation for 3 years (or) for 2,000 km =
𝟖𝟎,𝟎𝟎,𝟎𝟎𝟎−𝟓𝟎,𝟎𝟎𝟎
𝟕𝟓,𝟎𝟎𝟎
(2000)
• Depreciation for 3 years (or) for 2,000 km = Rs.2,12,000
Service Output Method of Depreciation
MG6863 S.BALAMURUGAN, AP/MECH AAACET
13
14. • For private organizations – the selection of alternative is based on
Maximum profit. The main goal is to provide goods/service as per
specifications with Maximum Profit.
• For Public Organizations / Government Organizations / Govt. Projects
• The same condition is not applicable for Evaluation of Public Alternatives.
• The main objective of any public alternative is to provide goods/service to
the public at the minimum cost.
• In this case, the benefits of the public alternative are at least equal to its
costs. (BC ratio = 1 or >1) If yes, then the public alternative can be taken
for implementation.
• BC Ratio =
𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔
𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑪𝒐𝒔𝒕𝒔
=
𝑩 𝑷
𝑷+𝑪𝑷
=
𝑩 𝑭
𝑷 𝑭
+𝑪𝑷
=
𝑩 𝑨
𝑷 𝑨
+𝑪
Evaluation of Public Alternatives
MG6863 S.BALAMURUGAN, AP/MECH
AAACET
14
15. • Two mutually exclusive projects are being considered for investment. Project A1 requires an initial
outlay of Rs. 30, 00,000 with net receipts estimated as Rs. 9, 00,000 per year for the next 5 years.
The initial outlay for the project A2 is Rs. 60, 00,000, and net receipts have been estimated at Rs.
15, 00,000 per year for the next seven years. There is no salvage value associated with either of the
projects. Using the benefit cost ratio, which project would you select? Assume an interest rate of
10%.
• Solution:
Evaluation of Public Alternatives
Alternative A1 Alternative A2
Initial Cost (P) = Rs.30,00,000
Net Benefit / year (B) = Rs.9,00,000
Life (n) = 5 years
Annual Equivalent of Initial Cost = P (A/P, i, n)
= 30,00,000 (A/P, 10%, 5)
= 30,00,000 (0.2638)
= Rs.7,91,400
Benefit – Cost ratio =
𝑨𝒏𝒏𝒖𝒂𝒍 𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔
𝑨𝒏𝒏𝒖𝒂𝒍 𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑪𝒐𝒔𝒕𝒔
=
𝟗,𝟎𝟎,𝟎𝟎𝟎
𝟕,𝟗𝟏,𝟒𝟎𝟎
= 1.137
Initial Cost (P) = Rs.60,00,000
Net Benefit / year (B) = Rs.15,00,000
Life (n) = 7 years
Annual Equivalent of Initial Cost = P (A/P, i, n)
= 60,00,000 (A/P, 10%, 7)
= 60,00,000 (0.2054)
= Rs.12,32,400
Benefit – Cost ratio =
𝑨𝒏𝒏𝒖𝒂𝒍 𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔
𝑨𝒏𝒏𝒖𝒂𝒍 𝑬𝒒𝒖𝒊𝒗𝒂𝒍𝒆𝒏𝒕 𝑪𝒐𝒔𝒕𝒔
=
𝟏𝟓,𝟎𝟎,𝟎𝟎𝟎
𝟏𝟐,𝟑𝟐,𝟒𝟎𝟎
= 1.217
BC Ratio, Alternative A2 > Alternative A1, So Alternative A2 is selected.
15MG6863 S.BALAMURUGAN,
AP/MECH AAACET
16. Inflation
• The rise in prices of goods & services in a given
period of a country is called Inflation.
MG6863 S.BALAMURUGAN, AP/MECH AAACET
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17. deflation is a decrease in the general price level of goods and services. It occurs when the inflation
rate falls below 0% (a negative inflation rate). Inflation reduces the value of currency over time,
but deflation increases it.
Deflation
MG6863 S.BALAMURUGAN, AP/MECH AAACET
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