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Subject: Re: Questions about cruise experience Posted on: Thu, 06 Sep 2007 11:02:27 MDT

On Thu, 6 Sep 2007 12:13:04 -0400, Chrissy Cruiser
wrote:

>On Wed, 05 Sep 2007 02:52:43 GMT, Jay wrote:
>
>> Okay...using your figure of $500 million, assuming a useful life of 20
>> years, no residual value, year-round 7 day cruises, 3,000 passenger
>> capacity per sailing... my share of the depreciation is $22.89 per
>> day.
>
>Bzzzzzzzt, wrong, no accounting for PV/FV and you're an accountant? Or a
>bookkeeper?

Depreciation is based on the capital cost of the asset. Present value
and future value have nothing to do with the depreciation calculation.
Don't pretend to understand accounting - you look stupid.