Yes but nothing can travel faster than the speed of light
The book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine: TRUE
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What is the book value?</h3>
- Book value is the worth of an asset based on its balance sheet account balance in accounting.
- The value of an asset is determined by subtracting the asset's original cost from any depreciation, amortization, or impairment expenses.
- Traditionally, a company's book value is equal to its total assets minus intangible assets and liabilities.
- In practice, however, depending on the source of the computation, book value may include either goodwill or intangible assets, or both.
- The value inherent in its employees, which is part of a company's intellectual capital, is always overlooked.
- When intangible assets and goodwill are specifically omitted, the indicator is frequently defined as "tangible book value."
Therefore, the statement "the book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine" is TRUE.
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Complete question:
The book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine. (Ignore taxes.) TRUE or FALSE
Answer:
D. because water and mud behaved in a similar way in the past as they do today
Explanation:
One of the fundamental theories in the field of earth science is the theory of uniformitarianism.
Uniformitarianism was proposed by James Hutton in the 18th century in Scotland. The theory states that "geologic processes occurring today have occurred in times past and that the present is the key to past".
The simple meaning of the theory is that, the processes on earth today such as weathering, erosion, e.t.c have also occurred in times past. Those processes still occur today and an understanding of such events today will help us have a better insight into the past.
Therefore, ripple marks just as they form today from action of mud and water would be formed in a similar way in the past.
