A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for these charges?
Overhaul expenditure might at first sight seem to be a repair to the ships but it is actually a cost incurred in getting the ship back into a seaworthy condition. As such the costs must be capitalized.
Statements:
A < L ≤ P > D; F > W = P > S ≥ T
Conclusion:
I. S > L
II. F ≥ A
Statement: F < G; H ≥ I; H ≥ K; I > G ≥ J
Conclusion:
I. G > K
II. K > J
Statements:K < L,L ≥ M,M > N
Conclusions: I. K < M II. N > K
Statements: O ≥ M > F, K ≤ J ≤ D = F, B ≤ Z ≤ L = K
Conclusion:
I. M > L
II. D ≥ B
Statements: L < M > P ≥ Q; N > O > M
Conclusions:
I. N ≥ Q
II. O > L
III. L = Q
Which one the following symbols should replace the question mark in the given expression, in order to make the expressions M ≤ J as well as O > L ...
Statement:M = C ≥ A = V < Q = S
Conclusions:
I. M ≥ V
II. A < S
Statements:
P ≥ Q = R; S = T ≤ U ≥ P
Conclusion:
I. R < S
II. T ≤ Q
Which of the following symbols should replace the sign (@) respectively in the given expression in order to make the expression P ≥ O and D > K defin...
Statements: J < K = L ≥ M ≥ P; F ≥ K < G
Conclusion I. J < G II.F ≥ P
...
