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Debora [2.8K]
1 year ago
6

A change from straight-line depreciation to double-declining-balance depreciation would be reported as?

Business
1 answer:
Orlov [11]1 year ago
5 0

A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset.

An example of Depreciation – If a delivery truck is purchased by a company with a cost of Rs. 100,000 and the expected usage of the truck are 5 years, the business might depreciate the asset under depreciation expense as Rs. 20,000 every year for a period of 5 years.

learn more about depreciation here

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What budgeting style is used by Ford Motor company?
gogolik [260]

Answer:

Marketing

Explanation:

4 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
Joseph Marcantuone and Robert Gieson owned a shopping center in which one of the spaces was always leased as a dry cleaner. Even
Lina20 [59]

Answer:

Right now marcantuone and robert gieson ought not be held at risk for what the drycleaner inhabitants did.Because there was no release of perilous substance during their ownership.The chlorinated dissolvable pollution issue right now the aftereffect of dry cleaning activity led preceding the condemnee's acquisition of the property.There was no proof of a release of unsafe substance during the time of condemnee's ownership.The sullying was not found until after the condemner had procured the title to the property in the judgement activity.  

As indicated by the spill demonstration the obligation is vested on a condemner who bought debased property and didn't attempt any assessment or examination at the hour of procurement.

4 0
3 years ago
For Questions 15 - 18 You purchased 200 shares of ABC stock on July 15th. On July 20th, you sold 100 shares and then on July 22n
shusha [124]

Answer:

100 shares

Explanation:

The computation of the number of shares for which the dividend is received that purchased on July 15 is shown below:

Since it is given that 200 shares are purchased on July 15 and on July 20, 100 shares are sold and on July 22, the final 200 shares are purchased

So in the given case, the number of shares for which the dividend is received is of 100 shares as the same shares is purchased on July 15 and their record date of the dividend is on July 22

6 0
4 years ago
You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7.8%. The bond is callable in
kicyunya [14]

Answer:

$ 1,035.18  

Explanation:

The price of the bond can be determined using the pv excel function as below:

=-pv(rate,nper,pmt,fv)

rate is the yield of 7.8%

nper is the number of coupons before the bonds are called which is 6

pmt is the annual coupon i.e face value*coupon rate=$1000*7.2%=$72

fv is the call price in six years' time which is $1099

=-pv(7.8%,6,72,1099)=$ 1,035.18  

4 0
4 years ago
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