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stepan [7]
3 years ago
6

The depreciation method in which a plant asset's depreciation expense for a period is determined by applying a constant deprecia

tion rate to the asset's beginning-of-period book value is called:_________
Business
1 answer:
musickatia [10]3 years ago
5 0

Answer:

double declining balance method

Explanation:

Depreciation is an accounting tool to allocate the cost of a long-term asset over time. The reasoning behind is the matching principle. If we associate the entire purchase value at the very first moment, then, one accounting period is taking a hit for an asset that will be use over several accounting periods.

         

The double declining method applies a rate twice as the straight-line method.

This is applied at the carrying value of the assets (book value) every year for each year of useful life.

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Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl
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Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

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= $6,300 + $530

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Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

The same is to be considered  

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3 years ago
Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr
Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0
3 years ago
Which type of auto coverage is required by nearly every state in the country?
Serjik [45]

Answer:

liability coverage

Explanation:

it is the standard

3 0
3 years ago
Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
2 years ago
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