Before
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| From the northeast corner looking south after going through by hand and chopping down the taller burdock, nettles and marestail weeds with a bill-hook. |
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| From the same corner looking west |
After
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| 2-1/2 hours later, a 30' by 30' square of it ready for planting |
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| Handsome Hombre told me he wanted a patch of his own to garden. Power equipment is a wonderful thing! The "weed" along the right side of the image was an oregano plant that I spared. |
Two passes with the mower, one high and one to scalp it. Then two passes with the tiller. One clockwise and the second in the other direction.
I have three more 30' squares to bring to plant-ready condition.
Hi, ERJ. A minor question that's not exactly relevant but which I was hoping you could answer: when you did engineering work, did you know what percentage (roughly speaking) of gross profits the companies you worked for would need to save every year in order to afford repairs and/or replacements for their capital goods? I'm writing an economics essay and I'm trying to produce realistic examples.
ReplyDeleteThe accounting system used 26 digit accounts. One of the primary branches involved the difference between “tools” and “equipment”.
DeleteA “tool” was specific to a model (like a Grand Am) and typically some part of it touched the product. It was ammortized quickly.
Equipment was generic (like a robot or a conveyor) and typically was good for three or more programs. Specific types of tool and equipment were ammortized over different time horizons. Some were treated as consumables (weld caps and shanks)
Approx 1/10 of the asset base annually needs to be allocated/slated for replacement budget wise
ReplyDeleteThat is very helpful. Thank you for that.
DeleteWhat a great basic rule to go by. Thank you!
DeleteGrowing up 23yrs old to 33yrs old working in a foundry, the standard rule was re-invest at the same level depreciation on capital assets.
Delete1997-2007 Based on tax laws in place at that time would mean 1/12 the capital assets in play annually.
Very close to the 10% number above. Note - a metals foundry and it’s capital base is different from that of a diner, retail outlet, and most other manufacturers.
But that was the rule at the metals foundry - if you weren’t investing at the same level as tax law mandated depreciation you’d fall behind technically and your assets would no longer be competitive.
Your capacity for garden work amazes me - I try to follow your example, but don't have your 'green fingers' and struggle to keep on top of everything. My Black Locust seedlings are 90% germinated and I'm looking forward to planting them out - maybe next spring after a winter in the greenhouse. Thanks for being a role model!
ReplyDeleteIan J
The son-in-law & I will be tilling up two spots tomorrow & the next day weather permitting. We hope to have it all planted by Monday. Our ten raised beds are already planted & things are growing.
ReplyDeleteGood luck with the planting!
ReplyDelete