Answer:
c. an estimate of a plant asset's value at the end of its useful life
Explanation:
The salvage value or the residual value is the estimated value of the fixed asset which can be received at the end of its useful life. So, neither it is a fair market value of a plant asset , nor it is deducted from the accumulated depreciation.
The treatment of the residual value under the straight-line method or any other method is shown below:
The depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ estimated life in years
The residual value should always be deducted from the original cost of fixed asset
Creating a budget you can exceed but also creating a budget you can’t go over, Hope this helps! All i can tell you...
Answer:
The correct answer is letter "B": An Eurodollar deposit.
Explanation:
A Eurodollar deposit refers to the act of depositing large amounts of money outside the U.S. most of the time to avoid levies and responsibilities. The deposits are not necessarily sent to European countries, it could be anywhere around the world. Most preferred destinations are the Bahamas and Cayman Islands which are considered tax havens.
In enterprise systems, supply chain management is tied to the conversion of raw materials to finished product.
<h3>What are raw materials?</h3>
This are materials that are used in production process to manufacture a product.
Raw materials are often transformed to finished product that is purchased by consumers.
Supply chain monitor the activity of converting raw material to finished product.
Therefore, In enterprise systems, supply chain management is tied to the conversion of raw materials to finished product.
Learn more on supply chain below,
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Answer:
$678
Explanation:
Given that,
Number of shares sold = 300
Selling price of each share = $42.06
Cost of purchasing shares = $39.80 per share
Total dividend received = $1,272
We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.
Total capital gain on this investment:
= Sales value - Purchase value
= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)
= (300 × $42.06) - (300 × $39.80)
= $12,618 - $11,940
= $678
