1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentina_108 [34]
3 years ago
12

The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed a.histori

cal cost b.contra asset c.market value d.book value
Business
1 answer:
masya89 [10]3 years ago
7 0

The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed as "book value".

<u>Answer:</u> Option D

<u>Explanation:</u>

An asset's value as per the balance of its balance sheet account in accounting is known as "book value". For securities, the value depends on the asset's original price, minus any cost of depreciation, amortization, or impairment against the property.

Practically, the book value may vary depending on the source of the measurement including goodwill, intangible assets or even both.The underlying value of its labor force, which is part of a firm's intellectual capital, is always disregarded. When intangible assets and goodwill are exempted, it is often stated that the calculation is tangible book value.

You might be interested in
Capital market securities include all of the following EXCEPT:
Stells [14]

Answer:

The asnwer is C, Certificate of deposit.

Explanation:

In the U.S., securities are defined as contracts in which one party invests money with another and expects to make a return.

Regular bank cerificates of deposits are not regulated as securities.

Cerificates of deposits are time-deposit agreements between individuals and banks that involve a depositor committing funds to the bank for a predetermined period of time in exchange for a specified rate of interest.

3 0
3 years ago
Ellie has been working for an engineering firm and earning an annual salary of $80,000. she decides to open her own engineering
goldenfox [79]
Ellie would have annual expenses of $15000+$3000+$1000+$1200+$35000=$55,200. If she cashed in her $20.000 deposit then her balance owing would be $35,200 so she would have to make at least this much or preferably the $55,200 to break even., 
7 0
3 years ago
Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cl
anyanavicka [17]

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

                                     <u>Materials</u>               <u>Conversion</u>  

Units completed and

transferred out              60,000                   60,000

Units in process,

August 31                      20,000                   12,000

                                                               (20,000 × 60%)

Equivalent units of

production                   80,000                   72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

4 0
3 years ago
When an economy is temporarily operating at an output that is beyond its full-employment rate it means that
MrMuchimi

It means that excess demand in resource markets will lead to higher resource prices, which will increase costs and direct the economy toward full employment.

Explanation:

An economy’s full employment output is the highest production level when all available resources are used efficiently. It equals the highest level of production an economy can sustain for the long-run. It is also referred to as the full employment production which results in long term supply of the finished good.

When there is increased demand then eventually there will be an increase in the price and also costs of the production which leads the economy towards the full employment output as it is a sustainable output.

3 0
3 years ago
Solve the problem. round to the nearest dollar if needed. looking ahead to retirement, you sign up for automatic savings in a fi
ValentinkaMS [17]
To know how much you'll have by the end of the 15th year, you need to calculate <span>the future value of an annuity  as follows:

</span><span>the future value of an annuity  = investment [( 1 + interest)^number of years -1)] / interest
</span>
Substituting with the givens, you can get the future value annuity as follows:
<span>the future value of an annuity = 3500 [(1+0.05)^15 -1)]/0.05
</span>                                               = 75524.97 $
The correct choice is (b)
4 0
3 years ago
Other questions:
  • Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more l
    15·1 answer
  • Liability coverage is _____.    
    13·2 answers
  • Wilma’s Vegetable Market had the following transactions during 2017:
    8·1 answer
  • The Nixon Corporation’s common stock has a beta of 1.7. If the risk-free rate is 4.8 percent and the expected return on the mark
    11·1 answer
  • What are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and clos
    8·1 answer
  • How can you determine the cost of something without concidering mearly its monitary value
    10·1 answer
  • External benefits in consumption refer to benefits accruing to those a. who bought and consumed the product.b. who are selling t
    8·1 answer
  • A hypermarket is Multiple Choice a shopping mall anchored by four or more department stores such as Sears or Nordstrom. a form o
    10·1 answer
  • The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin
    6·1 answer
  • Why are some producers forced to sell their products at the prevailing market price? Group of answer choices price takers find m
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!