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Search: Posts Made By: Boracay
Forum: Engines and Propulsion Systems 28-12-2009, 13:15
Replies: 15
Views: 6,421
Posted By Boracay
Not CPA...

Chipg
I'm not a CPA. I'm an ex maths teacher.

Spent too long in front of classes waiting for the bright sparks to pick up on my mistakes...
Forum: Engines and Propulsion Systems 28-12-2009, 03:39
Replies: 15
Views: 6,421
Posted By Boracay
Depreciation, loss of earnings, insurance...

Just so we keep them in mind:-
Depreciation will run 6-12%
The money to buy was either borrowed or could have been earning 6-12%
Most will insure the engine as part of the boat, say 2%
Many boats...
Forum: Engines and Propulsion Systems 27-12-2009, 19:28
Replies: 15
Views: 6,421
Posted By Boracay
My guesstimate...

One five hundreth of 33% of installed value.

Assuming 500 hours p.a. and an installed cost of $30 grand that would be $20 per hour, plus fuel.
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