The disposal is expected to have no material impact on the group's earnings for the fiscal year ending 30 June 2014, but is seen to increase the net tangible assets
per share by some SGD0.07 for the same year, K1 explained.
High-net-worth homeowners can sufficiently protect their wealth if they have access to a 360-degree view of their tangible assets
'Intangibles' become especially important when a business encounters situations where it needs to finance above and beyond the value of its tangible assets
-- something traditional bank financing does not 'always do.
He said: "The uncertainty, together with prevailing low interest rates, generate a desire amongst wealthy individuals to own tangible assets
as a means of wealth protection and steady capital growth.
That may mean modifying the enterprise resource planning system to capture intangible assets in the same way it does tangible assets
Based on substituting proprietary earnings for management expenses, the HUD value (tangible asset
value) exceeds the market value of the total assets of the business.
The company has failed on two of Nasdaq's criteria, as it no longer meets the $4m net tangible asset
requirement and could not maintain a closing bid price of $1 per share.
Current net tangible asset
value and production of residual profit are the determinants of practice value.
rate (1-.50)/6.39 .078 Intangible asset rate 1/6.39 .156 Estimation Procedure
Method 1: market capitalisation and tangible asset
The Service initially viewed the fees as having an overall benefit to a taxpayer's business and no relationship to the depreciable life of any tangible asset
. Thus, the fees had to be capitalized as an intangible asset, with no determinable useful life (and no corresponding tax deduction).
A tangible asset
that is not used by any line of business (e.g., a corporate headquarters facility) is deemed to be used by every line of business.
The ED limits the amortization period to 20 years from the date the intangible asset is initially recognized, unless the asset is the subject of a legal right and is either inseparable from a specific tangible asset
or is traded on an active secondary market.
Closely allied to this increased value rule is the rule that an expenditure creating or enhancing a tangible asset
with a useful life of more than one year must be capitalized.