Asset Valuation

(ii) According to the contribution principle, a component of an asset may be valued very highly, but in the market, this component of the asset is widely sold at a very low price. In that case, the assessment must be based mainly on the supply and demand principle and the substitution principle. ...

Must comply with current regulations on cost accounting and on technical and economic standards, consumption norms of raw materials, fuel, labor, and must pay attention to the current market price level for unit prices of materials. Based on the average profit of the same type of MMTB manufacturing ...