Easily Replace Sentence in the Profit Maintenance Agreement

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How to Replace Sentence in the Profit Maintenance Agreement

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a company named robust cube decided to replace the existing computer system of their organization virginal cost of the old system was 25 thousand and it was installed five years ago current market value of old system is five thousand depreciation of the old system was charged with life of ten years depreciation of the new system will be charged with the life of 5s estimated salvage value of the old system was nil present cost of the new system as 50000 estimated salvage value of the new system is 1,000 estimated cost savings with new system was 5000 per year increase in sales with new system is assumed at 10 percent per year based on original total sales company follows straight-line method of depreciation cost of capital of the companys 10% whereas the tax rate is 30% so you have to decide whether this company should go for replacement so what we are going to follow here is incremental cash flow we have to follow the incremental cash flow method to take a decision that is whether thi

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What is included in a maintenance contract?

A maintenance contract is a legal agreement between your organization and a maintenance service provider that outlines the work theyre going to do, when theyre going to do it, how quickly, and to what standard.

What is the function of maintenance contract?

A maintenance contract ensures that, no matter what the time or the situation, you will have an expert available to resolve the problem. This provides a safeguard that in-house staff may not be able to offer, since it is often not cost-effective to maintain round-the-clock expertise for every issue that arises.

What should be included in a maintenance contract?

Payment terms The contract should state how much a client will pay for your work and when payment is due. Furthermore, youll want to establish how a client will pay, i.e. hourly, per task, or quarterly lump sum. Additional details like discounts or penalties for late payments should also be included.

How do I write a maintenance agreement?

In your maintenance agreement, you will need to include: A section that defines both the provider and the client including their full legal names and any terms that need to be defined in the contract. A list of the services that will be performed in detail. The compensation for the agreed upon services.

What is the difference between a service contract and a maintenance contract?

Service contracts may include towing, rental and emergency road service Under a maintenance agreement, the maker of the agreement is obligated to perform regularly scheduled maintenance of property, such as regularly scheduled oil changes for an automobile.

What is a maintenance agreement?

A maintenance agreement (contract), sometimes called a service agreement (contract), is an agreement which requires specific performance of repairing, cleaning, altering, or improving tangible personal property on a regular or irregular basis to ensure the products continued satisfactory operation.

What is the brief description of a maintenance agreement?

A maintenance agreement outlines the steps one party will undertake to insure the upkeep, repair, serviceability of another partys property. Maintenance contracts are commonly used by companies that take care of vehicle fleets, industrial equipment, office and apartment buildings, computer networks, etc.

What is the difference between a service agreement and a maintenance agreement?

Service contracts may include towing, rental and emergency road service Under a maintenance agreement, the maker of the agreement is obligated to perform regularly scheduled maintenance of property, such as regularly scheduled oil changes for an automobile.

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