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ryzh [129]
3 years ago
7

Which term describes the reduction in an asset’s value over its lifespan?

Business
1 answer:
Verizon [17]3 years ago
5 0

Answer:

Depreciation / Amortization

Explanation:

Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.

The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.

Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.

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A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.01 inch specification. A machine operator ta
ExtremeBDS [4]

Answer:

0.25

Explanation:

Process Capability measures the efficiency of a process

It is given by this equation

Cp = (USL-LSL)/6σ

Where USL is the upper Specification Limit = 1.003

and LSL is the Lower Specification Limit = 1 inch

σ is the standard deviation = 0.002 inches

Therefore

Cp = (1.003 - 1)/6 × 0.002

=0.003/0.012

Cp = 0.25

4 0
4 years ago
An asset costs $174000 and is expected to have a $58000 salvage value at the end of its 10-year life. Straight-line depreciation
makvit [3.9K]

The cash payback period for the asset is 3 years.

Payback period = Cost of Investment ÷ annual cash inflow

=174,000 / 58,000

= 3 years

What is cost of investment in accounting?

Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy.

What is yearly cash flow?

Cash circulation in and out of a business over a fiscal year is referred to as "annual cash flow" in finance.

How do you calculate annual cash flow?

To calculate your yearly cash flow, subtract your total cash inflows from your total cash outflows. If the result is positive, it indicates positive cash flow; if it is negative, it indicates negative cash flow. Using the same example, take $175,000 out and subtract $139,000 to generate $36,000 in positive annual cash flow.

Learn more about cost of investment: brainly.com/question/16944523

#SPJ4

5 0
1 year ago
Ways by which scientific management play a role in the management of a modern crisis ​
stiv31 [10]

Explanation:

In the current global health crisis, scientific management has an extremely relevant role in helping to find solutions and improvements that will reduce the crisis.

Through science and scientific research supported by a set of reliable evidence, it is possible to find new solutions and technologies for diagnosis and treatment of the disease that caused the crisis.

Some of the ways in which scientific management can assist in the global pandemic are:

  • Monitor and control the most affected areas .
  • Manage medical facilities and services so that there is sufficient medical staff and equipment to serve the regions most affected by the virus .
  • Establish secure information and communication with the population on awareness and instructions needed to act in times of crisis .
  • Establish, through scientific methodology, ways to monitor the losses resulting from the crisis.
5 0
4 years ago
Having _________ information can help you determine your restaurant’s concept and tell you if your business has a chance to succ
Ksju [112]
I would say detailed information would help
3 0
3 years ago
Why do most people think of marketing as merely selling or advertising and how is this view limiting?
zysi [14]
Because marketing has a huge range. Generally, people regard it as just simple a place where people sell or purchase goods. 
In my opinion, this kind of view will limit people's mind. I mean, people do not have a good awareness of what marketing is and what business is. 
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3 years ago
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