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Lady bird [3.3K]
3 years ago
6

The factors that need to be determined to compute depreciation are an asset's: a.Cost, residual value, and physical life. b.Cost

, replacement value, and service life. c.Fair value, residual value, and economic life. d.Cost, residual value, and service life.
Business
1 answer:
kumpel [21]3 years ago
4 0

Answer:

d.Cost, residual value, and service life

Explanation:

The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.

Depreciation is usually computed using the formula below

Depreciation  =  (cost - salvage value)/useful life

The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.

As such, the right option is d.Cost, residual value, and service life

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3 years ago
If Government (or Investment) spending is increased by $10 with MPC = 0.75, then the multiplier will be _________.
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Answer:

Multiplier = 4

Explanation:

Government spending multiplier denotes the multiplier by which the GDP increases in response to increase in government expenditure.

Government spending has multiple impact depending on the society's overall propensity to consume.

Suppose if government spends USD 1, and consumer A receives USD 1, spends 0.75 out of this USD 1, consumer B receives this USD 0.75 and he also spends 75% of this USD 0.75 he received, this cycle continues until the spending reduces to nil.

Therefore spending multiplier is used to calculate total impact of each USD spent by government. Following is the formula for multiplier

Multiplier = 1 / (1 - marginal propensity to consume)

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Multiplier = 4

4 0
3 years ago
State any five reasons why an entrepreneur may carryout Market survey.​
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to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it, I cant really think of anymore

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It is true that not extending credit through an open account to a potential customer could cause the loss of sale Quizlet.

<h3>What is credit on an open account?</h3>

Open credit is a economic arrangement between a lender and a borrower that permits the latter to access credit frequently up to a specific maximum limitation. Once the borrower starts making repayments to the account, the cash becomes available for departing again since it is a revolving fund.

An open account provides significant benefits to the buyer:

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To learn more about open account  visit the link

brainly.com/question/28174844

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