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If a car company sets up a $500 million plant, payable over the first two years, the calculated costs of building cars go down once the tooling has been amortized.
But it cannot compete with coal-fired power plants whose costs have been amortized over decades.
The present arena is a flimsy, aging eyesore, notwithstanding the millions that its owners have lately been pouring into refurbishment — money that would have been amortized by the time a prospective new arena could be made ready.
Automakers can sell LCV models long after their development costs have been amortized.
Automakers can sell them long after their development costs have been amortized.
"What we don't agree with is that we carry most of the burden — because the deficit also comes from nuclear and hydroelectric generators, which still receive state aid even though their investments have long been amortized".
But there is another set of stakeholders who have both the power to slow a clean electricity transition and a powerful moral claim to be compensated for losses that have not been amortized or written down by the market.
That feature has been removed entirely.
The tooling for the entire program has not yet been amortized, but probably will be within a couple of years; sales of cars such as the RX 400h will help offset such costs.
Even better: New rules say purchased goodwill no longer has to be amortized at all.
The accounting monks of Norwalk, Conn., have since decreed that goodwill never again has to be amortized against earnings.
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CEO of Professional Science Editing for Scientists @ prosciediting.com