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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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Henry met an old friend, a fitness enthusiast, at his high school reunion. The friend convinced him of the long-term health bene
iVinArrow [24]

Answer:

The letter e is correct. Learning

Explanation:

Learning is a theory of human behavior that occurs when behavior is learned according to the stimuli the individual receives, positive or negative. In that matter Henry had positive stimuli to start a new fitness activity, and through that current positive reinforcement he changed his behavior.

8 0
3 years ago
Don, a middle manager for a large restaurant chain, received an e-mail from the ceo outlining the new goal of decreasing company
fgiga [73]
The above statement is true.

The CEO outlining the new goal of decreasing company costs over the next three years is an example of a strategic goal.

Strategic goals are planned objectives of the that an organization strives to achieve. These goals are set after studying the previous performance of the organization, the market trend, etc. They must be achievable.
3 0
3 years ago
Which of the following statements are true of an installment loan?
elena-14-01-66 [18.8K]

Answer:

4) has a fixed number of payments in equal amounts

Explanation:

1) the term is much longer than other loans

FALSE, installment loans can be short or long, the term refers to periodic payments.

2) lower interest rates are charged to borrowers

FALSE, interest rates vary depending on the customer and the purpose of the loan, they can be higher or lower.

3) is technically an unsecured loan

FALSE, they can be secured or unsecured loans, there is no one size fits all rule

3 0
3 years ago
Nouveaux Co. was incorporated at the beginning of this calendar year. Its articles of incorporation authorize 500,000 shares of
neonofarm [45]

Answer:

D) 270,000

Explanation:

The computation of the outstanding number of shares is shown below:

= (Issued shares - treasury shares)  × stock split ratio

= (100,000 shares - 10,000 shares) × 3

= 90,000 shares × 3

= 270,000 shares

Simply we deduct the treasury stock from the issued shares and then multiply it by the stock split ratio so that the correct amount of outstanding shares can come

7 0
3 years ago
An accountant has debited an asset account for $1,300 and credited a liability account for $500. Which of the following would be
GalinKa [24]

An accountant has debited an asset account for $1,300 and credited a liability account for $500 -The following would be an incorrect way to complete the recording of the transaction (D) Debit a Stockholders' account for $800.

Explanation:

By using  the accounting equation

Total assets = Total liabilities + Total stockholder equity

where,

Debited Total assets = $1,300

Credited Total liabilities = $500

So, the total stockholder equity is

= $1,300 - $500

= $800

So, the incorrect way is to debit a stockholder equity for $800

3 0
3 years ago
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