Rockhampton's average annual rainfall is a little over 800mm. Rainfall averages suggest a distinct wet and dry season, with the wet generally December to March and the dry June to September. Typical daytime temperature ranges are 32 max 22 min in the summer /wet season and 23 max 9 min in the winter/dry season. The prevailing winds are predominately southeast but during spring and summer late afternoon northeast sea breezes give some relief from the higher temperatures.
Definition. The residual value of an asset or property can be simply explained as the worth of an asset at the end of its lease period or useful life. It is one of the major and significant elements of leasing calculus.he residual value of an asset or property can be simply explained as the worth of an asset at the end of its lease period or useful life.
Fixed Asset. Definition: A fixed asset is an item with a useful life greater than one reporting period, and which exceeds an entity's minimum capitalization limit.A fixed asset is not purchased with the intent of immediate resale, but rather for productive use within the entity.An inventory item cannot be considered a fixed asset, since it is purchased with the intent of either reselling it directly or incorporating it into a product that is then sold.The following are examples of general categories of fixed assets: 1  Buildings. 2  Computer equipment.n inventory item cannot be considered a fixed asset, since it is purchased with the intent of either reselling it directly or incorporating it into a product that is then sold. The following are examples of general categories of fixed assets: 1  Buildings. 2  Computer equipment.