BUS 251 Lecture Notes - Lecture 9: Holland America Line, Carnival Cruise Line, Princess Cruises

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Licenses: chapter 8 long-term assets, a common sight in vancouver during the summer, chapter 8 long-term assets (cid:862)our portfolio of (cid:272)ruise (cid:271)ra(cid:374)ds i(cid:374) north a(cid:373)eri(cid:272)a, europe, australia a(cid:374)d asia are (cid:272)o(cid:373)prised of car(cid:374)i(cid:448)al. Cruise line, holland america line, princess cruises . Together, these brands operate over 100 ships totaling 226,000 lower berths with 19 cruise ships scheduled to be delivered between 2017 and 2022 : chapter 8 long-term assets, chapter 8 long-term assets. Long-term assets are valued at historical cost (cost to get the asset ready for use). Long-term assets can be valued at either: historical cost (cost to get the asset ready for use). Or: fair value this choice is optional, a(cid:374)d there are restrictio(cid:374)s o(cid:374) its use (the (cid:858)re(cid:448)aluatio(cid:374)(cid:859) model) Original cost to acquire the asset and get it ready for use (includes purchase price, installation costs transportation in costs etc. ) Less: accumulated depreciation (total depre(cid:272)iatio(cid:374) o(cid:448)er assets(cid:859) life a(cid:374) (cid:858)xa(cid:859) a(cid:272)(cid:272)ou(cid:374)t) (450,000)

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