News Star Wars: Galactic Starcruiser Permanently Closed Fall 2023

lewisc

Well-Known Member
Writing down changes the current value of an asset because of its market value vs it’s prior schedule. It’s a change in the assets value and scheduled life. Accelerated depreciation doesn’t change it’s expected lifespan but rather changes the schedule of when you account for the expense.

With accelerated depreciation the asset still has the same service life, you just have changed when the expense is recognized.… normally for tax advantage now (which disney is doing to help its challenging fy23).

Disney only signaled the change in depreciation charges - not a write down of the assets as an impairment.
I don't agree with your explanation. We're not talking about normal accelerated depreciation. Business can't normally expense a capital expenditure, a building, over 2 Q. Disney is writing down the book value of the asset.
 

EagleScout610

What a wisecracker
Premium Member
Untitled575_20231001143102.png

Man, they wasted no time
 

No Name

Well-Known Member
Worth every penny according to most people who went on it.
Feeling like you got your money’s worth, and feeling like something is worth the money, are two different things.

It’s no real defense of the idea to say that, for most people who went because they already thought it would be worth it, it ended up being worth it. The problem was its concept and price point would never have interested enough people.
 

Incomudro

Well-Known Member
Feeling like you got your money’s worth, and feeling like something is worth the money, are two different things.

It’s no real defense of the idea to say that, for most people who went because they already thought it would be worth it, it ended up being worth it. The problem was its concept and price point would never have interested enough people.
Excellent point.
 

Nunu

Wanderluster
Premium Member
Feeling like you got your money’s worth, and feeling like something is worth the money, are two different things.

It’s no real defense of the idea to say that, for most people who went because they already thought it would be worth it, it ended up being worth it. The problem was its concept and price point would never have interested enough people.
Then there's also convincing yourself that something was 'worth it' because you already spent the money, and admitting to yourself (and to others) that it really wasn't, might be embarrassing to some.

Not saying this is always the case, but it happens.
 

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