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Interpreting and Applying Disclosures on Property and Equipment Following are selected disclosures from the Rohm and Haas Compony (a speciality chemical company) 200510K. (3-10), furniture
Interpreting and Applying Disclosures on Property and Equipment Following are selected disclosures from the Rohm and Haas Compony (a speciality chemical company) 200510K. (3-10), furniture and fixtures, laboratory equipment and other assets (5-10), capitalied sotware (5-7). The principal afe used in determining the depreciation rate for leasehelf improverientis the years remaining in the lease term or the ustal life fin years) of the atset whicherer is shorier IMPAIRMENT OFLONG-LIVED ASSETS Materats segment. (3-10), furniture and fixtures, laboratory equipment and other assets (510), captaized software (5-7) The principal life used in determining the depreciation rate for leasehold improvements is the years remaining in the lease term or the useful life (in years) of the assec, whichever is shorter: IMPAIRMENT OF LONG-LIVED ASSETS Long-ived assets, other than irwestments, goodw land indefinite-tived intangible assets, are deprecisted ower their estimated useful wes, and are reviened for inpairment whenever changes in significant adverse change in the manner the asset is being used or planned to be used or in us physical condition or a history of operatong or cash flow losses awociased with the tise of the asset.. When such events or changes occur, we assess the recoverabilify of the asset by comparins the carning value of the asset to the expected future cash fows assocated with the ansets Materials vegment. tai Compute the PPF (land, bullings and equipment) turnower for 2005 ( 5 ales in 2005 are 57,994 mallion) (Round your answer to no decimat places) pears (a) Compute the PPe (land, buddings and equipment turnover for 2005 (Sales in 2005 are $7.994 milion) (hlound your arswer to two decimal places) vears d By what percentage are Rohm and raas' assets "used up' atyear-end 2005 (Hound your answec to two docimal places)
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