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Nutka1998 [239]
3 years ago
12

Depreciation is A) the sum of gross and net investment. B) new additions to a firm's stock of intangible capital. C) the decline

in the economic value of an asset over time. D) the decrease in the general price level.
Business
1 answer:
weeeeeb [17]3 years ago
4 0

Answer:

The correct answer is C. the decline in the economic value of an asset over time

Explanation:

Depreciation : Depreciation is a decreasing value of the asset due to tear and wear, obsolesce, usage, etc

It is charged on the fixed assets which include plant and machinery, furniture and fixtures, building, computer, equipment, etc.

The sum of gross and net investment is not called the depreciation because gross investment is an expenditure which is incurred on new purchase while net investment is a difference between gross investment and deprecation. So, option B is incorrect.

Depreciation should not be charged on intangible assets because in intangible asset, the amortization is charged. Thus, option B is incorrect.

The decrease in the general price level is disinflation or inflation decreased. So, option D is also wrong

Hence, The correct answer is C. the decline in the economic value of an asset over time

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Seamus dropped out of school as a 16-year-old and needs to support himself, though he has few skills. He is a part-time employee
RoseWind [281]

Answer:

Psychological needs

Explanation:

From the question, we are informed about the Seamus who dropped out of school as a 16-year-old and needs to support himself, though he has few skills. He is a part-time employee at a department store earning minimum wage. Seamus wants to earn more, but hasn't been able to find a better job since he is without the right qualifications. He is having a hard time paying his rent and his mounting bills. He even started to skip breakfast to save on food costs. Seamus is having trouble meeting his Psychological needs. Psychological needs can be regarded as autonomy as well as competence and relatedness which has been regarded as one that play an important role when it comes to well-being as well as motivation and life satisfaction , even vitality of people as regards their general and daily level activities. These needs could be getting needed pleasure as well as avoiding pain.

3 0
3 years ago
Wilson states, "Culture is important to me. Our culture is based on accountability, camaraderie, and results. I’ve moved from fi
Snowcat [4.5K]

Answer:

Self nurturing

Explanation:

Self nurturing refers to teaching oneself and to learn along a period owing to the projects one undertakes. This means experience and knowledge attained over time by an individual. Such knowledge is acquired by an individual on his own.

Self nurturing entrepreneurs are those entrepreneurs who have immense self belief and who back their views and business ideas.

In the given case, Wilson has learnt from his experiences, the importance of organizational culture and what it stands for. Here Wilson depicts the trait of learning along on his own and being self taught. This displays the attribute of self nurturing.

6 0
3 years ago
A company purchased a commercial dishwasher by paying cash of $5,000. The dishwasher's fair value on the date of the purchase wa
Fed [463]

Answer:

$5,700

Explanation:

Purchased of a commercial dishwasher + Incurred transportation costs+ Installation fees= Total recorded amounts

$5,000 + $400 + $300 = $5,700.

Therefore the amount that the company will record the dishwasher is $5,700 because the parking ticket should be expensed as incurred due to the fact that it is not a cost necessary to get the asset ready for use.

7 0
3 years ago
Mistakes made by staff are affecting overall efficiency, so you have contacted the local community college to inquire about cust
Tamiku [17]

Answer:

sign up for either program

Explanation:

By ensuring that the Staff participate in the training, it will enable the staff to minimize mistakes and improve overall efficiency. Efficiency is important to maintain operations.

5 0
3 years ago
Sabrina Duncan had gross earnings for the pay period ending 10/15/16 of $5,835. Her total gross earnings as of 9/30/16 were $104
ivann1987 [24]

Answer:

option (A) $212.97

Explanation:

Data provided in the question:

Gross earnings for the pay period ending 10/15/16 = $5,835

Total gross earnings as of 9/30/16 = $104,400

Social Security tax rate = 6.2%

Now,

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

=  $5,835 + $104,400

= $110,235

since,The Social Security taxes are on a maximum earnings of $106,800 per year

therefore,

Sabrina's Social Security withheld from her 10/15/16 paycheck will be

= ( Total earnings - $106,800 ) × Social Security tax rate

= ( $110,235 - $106,800 ) × 0.062

= $3,435 × 0.062

= $212.97

Hence,

The answer is option (A) $212.97

7 0
3 years ago
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