Leap year and Manufactured capital: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add 'too'.)
 
imported>Doug Williamson
(Create page. Source: The Treasurer, Issue 1, 2021, p40.)
 
Line 1: Line 1:
Leap years are years which contain 366 days, compared with common years which have 365 days.  
Manufactured capital is capital in the form of goods or fixed assets that contribute to production processes.


The extra day in a leap year is February 29.  
Contrasted with items that are the final output of the production process.




Years divisible by 4 are leap years, with some exceptions.  
Examples include tools, machines and buildings.


All of the years divisible by 4, between 1904 and 2096 inclusive, were or will be leap years.


Manufactured capital is one of the five areas of capital identified in the Forum for the Future's model of sustainable capital.


1900 was not a leap year.
The other four areas of capital being:


2100, 2200 and 2300 will not be leap years.
*Human capital
*Social capital
*Financial capital
*Natural capital




The rules for determining leap years are:
== See also ==
* [[Assets]]
* [[Capital]]
* [[Capital adequacy]]
* [[Capital goods]]
* [[Capital intensity]]
* [[Capital market]]
* [[Capital mobility]]
* [[Capital structure]]
* [[Capitalisation]]
* [[Capitalism]]
* [[Corporate finance]]
* [[Cost of capital]]
* [[Credit balance]]
* [[Debt]]
* [[Debt capital]]
* [[Enterprise]]
* [[Equity]]
* [[Equity cost of capital]]
* [[Factors of production]]
* [[Finance ]]
* [[Financial asset]]
* [[Financial capital]]
* [[Financial risk]]
* [[Fixed assets]]
* [[Forum for the Future]]
* [[Funding]]
* [[Human capital]]
* [[Interest]]
* [[Labour]]
* [[Land]]
* [[Liabilities]]
* [[Money]]
* [[Natural capital]]
* [[Public interest]]
* [[Regulatory capital]]
* [[Return]]
* [[Security]]
* [[Share capital]]
* [[Social capital]]
* [[Stakeholder]]
* [[Sustainability]]
* [[Working capital]]


* If the year is divisible by 4, it will normally be a leap year.  For example, 2016, 2020 and 2024.
[[Category:The_business_context]]
* If it is divisible by 100, it will not normally be a leap year. For example, 2100 and 2200.
[[Category:Corporate_finance]]
* An exception to the exception are years divisible by 400. For this reason, 2000 was a leap year, and 2400 will be one too.
[[Category:Investment]]
 
[[Category:Long_term_funding]]
 
[[Category:Technology]]
The reason for the rules is to approximate the true number of astronomical days in a year, which is 365.24.
[[Category:Trade_finance]]
 
 
==See also==
[[Effective annual rate]]

Revision as of 17:09, 4 March 2021

Manufactured capital is capital in the form of goods or fixed assets that contribute to production processes.

Contrasted with items that are the final output of the production process.


Examples include tools, machines and buildings.


Manufactured capital is one of the five areas of capital identified in the Forum for the Future's model of sustainable capital.

The other four areas of capital being:

  • Human capital
  • Social capital
  • Financial capital
  • Natural capital


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Leap_year&oldid=31773’