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anygoal [31]
2 years ago
10

The normal balance of the accumulated depreciation account is a debit. a. true b. false

Business
1 answer:
kramer2 years ago
6 0

Answer: The normal balance of the accumulated depreciation account is a credit balance. Therefor the statement is false.

Explanation: The accumulated depreciation account holds a credit balance in the company's balance sheet . It is the contra asset account. The accumulated depreciation states  assets wear and tear and the assets useful life. when an assets are sold or put out of the use the accumulated depreciation will be reversed. It is a kind if an expenses.  The accumulated depreciation is used to calculate assets in the book value. Accumulated depreciation can never exceeds the assets cost.

Depreciation is recorded in income and expenditure account.  

Learn more about Accumulated  Depreciation

brainly.com/question/1287985  

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SME Company has a debt-equity ratio of .60. Return on assets is 7.5 percent, and total equity is $486,000. a. What is the equity
polet [3.4K]

Answer:Equity multiplier=1.6

Explanation:

Debt equity ratio is given as  debt/equity , Therefore

Debt  = Debt equity ratio  X Equity

=0.60 x $486,000

= $291,600

The  Total assets given as Liability(debt+equity)  will now be

=$291,600+$486,000

=$777,600.

Therefore Equity multiplier, Total assets/Total equity

=(777,600/486,000)=1.6

7 0
3 years ago
Effective teams (1) function so well they create their own magnetism, (2) are interested in others' success as well as their own
MariettaO [177]

Answer:Only statements 1 and 2 are correct

Explanation: An effective team involves people who interact with each other to accomplish certain goals or meet certain needs. Team members work intensely with each other to achieve a specific, common goal or objective. This therefore attracts other people to them, that is magnetism. In as much as they look out to achieve their goals, they are also interested in others' success.

7 0
3 years ago
Read 2 more answers
Monica is interested in changing careers, and she needs to find a job Web site that lists careers from all industries. What type
____ [38]
Depending on her area and expertise i would recommend a state website or a government approved agency 
4 0
4 years ago
Read 2 more answers
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logist
Arada [10]

Answer:

The four primary service outputs should help to eliminate discrepancies.

  • discrepancies in space happen when the location of the products is not the same as the location of the consumers
  • discrepancies in time happen when there is difference between when the product is available for consumption and when the consumers expected to consume the products
  • discrepancies in lot size happen when consumers are expecting one lot size, but the distributed amount is different
  • discrepancies in product variety happen when consumers expect a certain assortment of products, but only a limited assortment is manufactured

5 0
4 years ago
Manufacturing costs include Group of answer choices
jeka94

Answer:

the answer is b) direct materials, direct labor, and manufacturing overhead.

Explanation:

direct materials - the materials and supplies used to create a product. (wood used to make a table)

direct labor- the labor and service implemented in the process of delivering finished goods. (hours spent on crafting the table)

manufacturing overhead- any indirect costs involved in the production of the product.

7 0
3 years ago
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