TO THE QUESTION OF JUDICIAL CONSTRUCTION-TECHNICAL EXPERTISE

The article discusses the problems of judicial construction-technical expertise in assessing the results of calculating the replacement cost of repairs to premises exposed to the flooding

Analisis Penilaian Harga Wajar Saham Dengan Metode Dividend Discount Model Pada PT Jasamarga Tbk

Fair Value adalah konsep yang digunakan dalam ekonomi dan keuangan serta akuntansi,. Fair value merupakan estimasi rasional dan tidak biasa atas harga pasar potensial dari barang, jasa atau asset dengan mempertimbangkan faktor-faktor seperti kelangkaan, karakteristik risiko, replacement cost, serta biaya produksi dan distribusi, termasuk Cost Of Capital. Fair Value dapat dilakukan dengan berbagai metode valuasi salah satunya metode valuasi dengan menggunakan pendekatan Dividen Discount Model. Penulisan ilmiah ini bertujuan untuk mengetahui berapa harga wajar saham PT. Jasamarga Tbk dengan menggunakan metode pendekatan Dividen Discount Model dan bagaimana keputusan investasi yang harus diambil oleh investor. Metode penelitian yang digunakan pada penulisan ilmiah ini adalah analisis kuantitatif dengan menghitung estimasi pertumbuhan deviden, Cost Of Equity dan Value Of Equity. Harga wajar saham PT. Jasamarga Tbk dengan Metode Dividen Discount Model, menunjukkan sebesar Rp. 4.340,- atau bersifat Overvalued yang artinya harga pasar saham lebih tinggi dari harga wajar PT. Jasamarga Tbk dan keputusan investasi yang sebaiknya dilakukan adalah tidak membeli saham pada sekarang ini dan menjual (Sell) bagi investor yang telah memiliki saham tersebut.

Analysis of critical issues in retrofitting of ICE vehicles

Vehicle population is increasing at an alarming rate causing cities, and towns to suffer air pollution due to inefficient engines. Every year millions of vehicles are being manufactured and scrapped. Disposal or scrapping of vehicles before their useful life is not a good option. All the parts and systems of a vehicle wear out at different rates. By employing this technology of retrofit for the next 10 to 15 years, the owners will be able to contribute to society by decreasing input energy for massive automobile industries. Based on the life span of automobile parts a range of age has been found in this research at which retrofit can be carried out. In this research, cost analysis of vehicles has been carried out which shows a decrease in performance with increased maintenance, repair, and replacement cost. A mathematical model has been created for performance and cost. The minima of this mathematical model are known as retrofit age. It has been shown in this research that the time has come to adopt this technology, due to inadequate recycling of automobile parts, limited processing plants, and limited scraps yard. For this study, Honda Activa 5G, Bajaj pulsar 500, and Maruti Baleno has been considered.

Assessment of the multifunctional role of wetlands in Indonesia: a case study in West Java Province

Agricultural activities in paddy fields (wetlands) producing products and sell that product, and also generate desirable or positive externalities as environmental services. Environmental services and the products that sell to the market are called multifunctional agriculture (MFA). This study aims to evaluate and economically assess the multifunctional role of wetland areas in Indonesia by taking the case of the West Java region. This study uses secondary data and data collected from various institutions and publications. This study uses the replacement cost method (RCM) to investigate the economic value of the role of MFA in wetland farming systems. The results show that the total value of environmental products and services marketed in wetland areas in West Java Province is around USD 36.59 billion per year or USD 39.41 million per hectare per year. The policy implications of this research are (1) attracting the maximum capacity of the stakeholders and community to participate in all the programs planned to protect, preserve and conserve the environment; (2) parting, endorsing, and strengthening the government and communities in the downstream area to invest in rehabilitating the upstream and middle watersheds; and (3) in per hectare a year, excluding the price of the land itself, the cost of building paddy fields, and the value of other infrastructure and facilities, USD 39.41 million is the replacement cost value if the rice fields are to be converted to non-agricultural use and replaced by the construction of rice fields new in other areas that are still possible.

Dissolving the value-price transformation Rubik's cube: A response to Steve Toms’ review of Accounting for Value

Toms disputes the Temporal Single-System Interpretation's claim to have refuted Bortkiewicz’s influential charge that Marx's transformation from values to prices is ‘inconsistent’. This is a claim that Bryer supports with a replacement cost accounting interpretation, which Toms asserts leaves the ‘problem’ an ‘unsolved’ Rubik's cube. This conclusion is seriously misleading, the note argues, which illustrates the dangers from failing to always take the ‘social turn’ in accounting history research.

The Study of Mangrove Ecosystems’ Services Valuation in Semarang City

Introduction/Main Objectives: This study estimates how much economic value will be lost from contact activities within the coastal areas in the research location. Background Problems: The area of Semarang City has flood and tidal problems, the damage to the mangrove forests in Semarang City began with the boom in shrimp farming between 1980 and 1990. Hopefully, this valuation can provide an overview of the current health of the ecosystem and become the basis for a mangrove management strategy in the future. Novelty: The novelty of this study is that it uses a sharper satellite (Image Pleades Resolution 0.5 m) to calculate the mangrove area in the research location. Research Methods: This research uses a total economic valuation, an estimation of the mangrove’s carbon stock and heavy metals, the replacement cost to prevent tidal flooding, and the willingness to pay. Findings/Results: We find that the existing economic value in the study area is very large and should be preserved for conservation. Conclusion: The environment cannot produce something instantly, but it needs to be preserved as a balance to nature.

Comparing Total Cost of Ownership of Electric and Conventional Motorcycles in Indonesia

The adoption of Electric Vehicles (EV) is one of the solutions to reduce emission problems. In Indonesia, the government targets 2.1 million Electric Motorcycles (EM) ownership in 2025. One of the keys to encouraging the EV Indonesian market is vehicle cost analysis, like Total Cost of Ownership (TCO). This study developed a TCO model to compare EM with Conventional Motorcycles (CM) in Indonesia. Data were collected from surveys and information from stakeholders. The proposed TCO model considered a battery replacement cost, which influenced the resale value of the vehicle. As a result, the TCO of EM had a more economical value than CM of 12% (IDR 3 million) on low mobility, 16% (IDR 4 million) on medium mobility, and 18% (IDR 5.5 million) on high mobility. In addition, several scenarios were also analyzed as a study to consider providing subsidies ownership motorcycles in Indonesia.

RELIABILITY OF DEPRECIATED REPLACEMENT COST TO OTHER METHODS IN VALUATION OF RELIGIOUS PROPERTY, A CASE STUDY OF ANSARUDEEN MOSQUE, ILORIN METROPOLIS

Mosque valuation is a highly specialized method of real estate appraisal that necessitates not only a detailed understanding of the many concepts and procedures of general appraising, but also an in-depth understanding and expertise in order to arrive at an accurate estimate of market value. Using cross-sectional statistics, this study investigates the reliability of depreciated replacement cost in valuing specialized property. For the purpose of gathering data for this analysis, two separate sets of questionnaires were used. The first questionnaires were distributed to a licensed estate surveying firm in Ilorin, Kwara State. The Mosque Committee, on the other hand, received the other collection of questionnaires. The questionnaire's questions delved into the biographical details of the Registered Estate Surveyors. Descriptive statistics were used to interpret the data. Depreciated Replacement Cost is the most accurate method of valuation of Specialized Property, the Study revealed that, due to the specific nature of Specialized Property, such as the lack of rental evidence, the infrequency with which it is sold or rented, and the fact that it is not commonly used for other purposes. To save valuers a lot of tears, guidelines on unit cost of construction for buildings and depreciation should be made available.